Question: Find Finns Fridges return on equity ROE for years 1

Find Finns’ Fridges’ return on equity (ROE) for years 1 and 2, using the owners’ equity figure at the end of each year. Did this ratio improve or get worse between year 1 and year 2?
Finns’ Fridges is a company created by twin brothers David and Douglas Finn, who rented small refrigerators to other students in their college dormitory. Use the following statements to answer the questions about Finns’Fridges.

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  • CreatedFebruary 25, 2015
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