Question: ding/previewinwindow.html Calculator Profitability Analysis for Fairall Corp. For the year ended September 26, 2015, Fairall Corporation reported net income of $2,800 million. Total shareholders' equity
ding/previewinwindow.html Calculator Profitability Analysis for Fairall Corp. For the year ended September 26, 2015, Fairall Corporation reported net income of $2,800 million. Total shareholders' equity on this date was $18,178 million, and on September 27, 2014, it was $19,873 million. No preferred stock was outstanding in either year. Required: 1. Compute Fairall's return on common stockholders' equity for the year ended September 26, 2015. Round your answer to two decimal places. 15.40 X % 2. What other ratio would you want to compute to decide whether Fairall is successfully employing leverage? Profitability ratio, because the excess of return on assets over the profitability ratio Indicates if management has been successful
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