$4\mathrm{.}22$ Calculating and Interpreting the Return on Common Shareholders' Equity and Earnings per Common Share.

In your textbook, review the selected data for General Mills for Year $1,$ Year $2,$ and Year $3.$

A$.$ Compute the rate of ROCE for:

Year $1$

Year $2$

Year $3$

Select the correct multiple choice answer based on your calculations.

Year $1$: $20\mathrm{.}1\%,$ Year $2$: $22\mathrm{.}5\%,$ Year $3$: $22\mathrm{.}9\%$

Year $1$: $21\mathrm{.}3\%,$ Year $2$: $31\mathrm{.}5\%,$ Year $3$: $20\mathrm{.}7\%$

Year $1$: $21\mathrm{.}3\%,$ Year $2$: $22\mathrm{.}5\%,$ Year $3$: $18\mathrm{.}5\%$

Year $1$: $20\mathrm{.}5\%,$ Year $2$: $26\mathrm{.}3\%,$ Year $3$: $22\mathrm{.}9\%$