Question: Calculating ROCE from the Statement of Shareholders Equity (Easy) From the following information, calculate the return on common equity for the year 2009 (amounts in

Calculating ROCE from the Statement of Shareholders’ Equity (Easy)

From the following information, calculate the return on common equity for the year 2009

(amounts in millions of dollars). There were no share repurchases.

Common stockholders' equity, December 31, 2008 Dividends paid to common stockholders Share

Common stockholders' equity, December 31, 2008 Dividends paid to common stockholders Share issue on December 31, 2009 Common stockholders' equity, December 31, 2009 174.8 8.3 34.4 226.2

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