You have the following information about Trisha Company: total asset = P350,000; common stock equity = P175,000; Return on Equity (ROE) = 12.5%. What is Trisha’s earnings available for common stockholders? A. P21,875 B. P43,750 C. P50,000 D. P47,632

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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You have the following information about Trisha Company: total asset =
P350,000; common stock equity = P175,000; Return on Equity (ROE) =
12.5%. What is Trisha’s earnings available for common stockholders?

A. P21,875
B. P43,750
C. P50,000
D. P47,632

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