Exercises 230 Drill Exercises E9.1. Some Basic Calculations (Easy) a. A firm listed total shareholders' equity on its balance sheet at $237 million. Preferred shareholders' equity was $32 million. What is the common shareholders' equity? b. From the following information, calculate the net dividend to shareholders and com prehensive income (in millions): Common shareholders' equity, beginning of period $1,081 Common share issues Common share repurchases 45 Common dividends 36 Common shareholders' equity, beginning of period $1,292 c. A firm reported S62 million of comprehensive income in its statement of shareholders uity but $87 million as net income in its income statement. What explains the difference? E9.2. Calculating ROCE from the Statement of Shareholders' Equity (Easy) From the following information, calculate the return on common equity for the year 2012 (amounts in millions of dollars). There were no share repurchases. Common stockholders' equity, December 31, 2011 Dividends paid to common stockholders Share issue on December 31, 2012 Common stockholders' equity, December 31, 2012 174.8 8.3 34.4 226.2