Question

Mars Electronics is distributor for the Global Electric Company (GEC), a large manufacturer of electrical and electronics products for consumer and institutional markets. On the next page are the semiannual financial statements of the company for the last year and a half.
a. Prepare Mars Electronics’ managerial balance sheet on June 30, 2009, December
31, 2009, and June 30, 2010.
b. What was the structure of the return on equity (ROE) of Mars Electronics for the six months ending June 30, 2009, December 31, 2009, and June 30, 2010?
c. What accounts for the changes in the firm’s ROE?


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  • CreatedMarch 27, 2015
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