Net sales 2017 2016 2015 2014 2013 2012 $1,806 $1,757 $1,606 $1,704 $1,638 $1,588 Net income 144 120 89 126 100 96 Ending common shareholders' equity 940 860 772 684 628 600 - Compute Rate of return on average common shareholders' equity for 2013. - Compute Rate of return on average common shareholders' equity for 2014.
Net sales 2017 2016 2015 2014 2013 2012 $1,806 $1,757 $1,606 $1,704 $1,638 $1,588 Net income 144 120 89 126 100 96 Ending common shareholders' equity 940 860 772 684 628 600 - Compute Rate of return on average common shareholders' equity for 2013. - Compute Rate of return on average common shareholders' equity for 2014.
Chapter10: Valuing Early-stage Ventures
Section: Chapter Questions
Problem 1eM
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Financial Accounting Question need answer please
![Net sales
2017 2016 2015 2014 2013 2012
$1,806 $1,757 $1,606 $1,704 $1,638 $1,588
Net income
144
120
89
126
100
96
Ending common shareholders' equity 940
860
772
684
628
600
- Compute Rate of return on average common shareholders' equity for 2013.
- Compute Rate of return on average common shareholders' equity for 2014.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffbb34872-f315-429a-afa2-d2b7a2f88e28%2F0d45d8c3-7d15-4aed-8887-f95de0bd9a4a%2Fz32jhmj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Net sales
2017 2016 2015 2014 2013 2012
$1,806 $1,757 $1,606 $1,704 $1,638 $1,588
Net income
144
120
89
126
100
96
Ending common shareholders' equity 940
860
772
684
628
600
- Compute Rate of return on average common shareholders' equity for 2013.
- Compute Rate of return on average common shareholders' equity for 2014.
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