SW Company provides the Equity & Liability information below for analysis. SW Company had net income of

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SW Company provides the Equity & Liability information below for analysis. SW Company had net income of $389,050 in 2023 and $342,650 in 2022.


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Required1. Calculate the return on common share equity for 2022 and 2023. (Assume total equity was $1,499,000 at December 31, 2021.)2. Calculate the book value per shares for 2022 and 2023.

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Fundamental Accounting Principles Volume 2

ISBN: 9781260881332

17th Canadian Edition

Authors: Kermit D. Larson, Heidi Dieckmann, John Harris

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