The following financial information is available for Plummer SA. The weighted-average number of ordinary shares outstanding was

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The following financial information is available for Plummer SA. image text in transcribed

The weighted-average number of ordinary shares outstanding was 80,000 for 2024 and 100,000 for 2025.
Instructions Calculate return on ordinary shareholders’ equity for 2025 and 2024.

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Related Book For book-img-for-question

Financial Accounting With International Financial Reporting Standards

ISBN: 9781119787051

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 05, 2024 01:25 AM

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The following financial information is available for Plummer SA. The weighted-average number of ordinary shares outstanding was

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Average ordinary shareholders' equity 2025 1,200,000 2024 900,000 Dividends paid to ordinary shareholders 50,000 30,000 Dividends paid to preference shareholders 20,000 20,000 Net income 290,000 200,000 Market price of ordinary shares 20 15

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Financial Accounting With International Financial Reporting Standards

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