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-What is the return on Stockholders' Equity for 2021 -What is the return on Common Equity for 2021

-What is the return on Stockholders' Equity for 2021 -What is the return on Common Equity for 2021

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I am struggling to answer the last two questions of my assignment.

-What is the return on Stockholders' Equity for 2021

-What is the return on Common Equity for 2021

What information is needed to answer those two questions? Thank you.

A D E F H 7 XYZ Co. 8 Statement of Stockholders' Equity 9 For the year ending December 31, 2021 10 Paid-in Paid-In Paid-In Capital - Prefered Common Preferred Capital - Retained Treasury Capital - 11 Stock Stock Common Earnings Stock Treasury 12 Balances, Jan 1, 2021 $ 1,400,000 $ 960,000 $ 586,800 $ 90,000 $ 10,409,433 $ 13 Issued Common Stock 300,000 150,000 14 Issued Preferred Stock 320,000 80,000 15 Dividends Paid - Common (50,000) 16 Dividends Paid - Preferred (40,000) 17 Purchase of Treasury Stock (264,000) 18 Sale of Treasury Stock 85,800 13,000 19 Net Income 395,255 20 Balances, Dec 31, 2021 $ 1,700,000 $ 1,280,000 $ 736,800 $ 170,000 $ 10,714,688 | $ (178,200)| $ 13,000 21 use formulas to compute totals here! 22 23 Additional Questions - enter formulas to compute 24 What is XYZ's return on stockholders' equity for 2021? 25 What is XYZ's return on common equity for 2021? Journal Entry data Journal Adjusting JE data & Journal Trial Balances Worksheet Multi-Step Income Stmt Stmt of ...
Transcribed Image Text:A D E F H 7 XYZ Co. 8 Statement of Stockholders' Equity 9 For the year ending December 31, 2021 10 Paid-in Paid-In Paid-In Capital - Prefered Common Preferred Capital - Retained Treasury Capital - 11 Stock Stock Common Earnings Stock Treasury 12 Balances, Jan 1, 2021 $ 1,400,000 $ 960,000 $ 586,800 $ 90,000 $ 10,409,433 $ 13 Issued Common Stock 300,000 150,000 14 Issued Preferred Stock 320,000 80,000 15 Dividends Paid - Common (50,000) 16 Dividends Paid - Preferred (40,000) 17 Purchase of Treasury Stock (264,000) 18 Sale of Treasury Stock 85,800 13,000 19 Net Income 395,255 20 Balances, Dec 31, 2021 $ 1,700,000 $ 1,280,000 $ 736,800 $ 170,000 $ 10,714,688 | $ (178,200)| $ 13,000 21 use formulas to compute totals here! 22 23 Additional Questions - enter formulas to compute 24 What is XYZ's return on stockholders' equity for 2021? 25 What is XYZ's return on common equity for 2021? Journal Entry data Journal Adjusting JE data & Journal Trial Balances Worksheet Multi-Step Income Stmt Stmt of ...
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