For the year ended December 31, 2017, WestJet Airlines Ltd. reported (in thousands) revenue $4,502,320; profit $283,578;

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For the year ended December 31, 2017, WestJet Airlines Ltd. reported (in thousands) revenue $4,502,320; profit $283,578; beginning shareholders’ equity $2,060,702; and ending shareholders’ equity $2,212,524. Calculate the return on equity.

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Accounting Principles Volume 2

ISBN: 978-1119502555

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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