Godhi, Inc. s 2014 balance sheet reported the following itemswith 2013 figures given for comparison: Net income
Question:
Net income for 2014 was $ 3,890. Compute Godhis rate of return on common stockholders equity for2014.
Transcribed Image Text:
GODHI, INC. Balance Sheet As of December 31, 2014 and December 31, 2013 December 31, 2014 S 33,538 December 31, 2013 Total Assets s 29,562 Total Liabilities Total Stockholders Equity (all common) Total Liabilities and Stockholders' Equity 17,100 16,438 S 33,538 14,962 14,600 $ 29,562
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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