Question: Computing Equity Ratios The following information is provided for the Cola Company ($ millions). Total common stockholders' equity on Dec. 31, 2017 $17,072 Total common
Computing Equity Ratios The following information is provided for the Cola Company ($ millions). Total common stockholders' equity on Dec. 31, 2017 $17,072 Total common stockholders' equity on Dec. 31, 2016 18,450 Net income, 2017 998 Compute the following ratios for 2017, assuming total number of 2017 common shares outstanding of 3.407 billion. Note: Round your answers to two decimal places. a. Book value per share b. Return on equity 0 0
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