Question: need help on this question You are viewing Kellogg Carol's screen View Options Goods - Real Estate is not considered a good, it is not

need help on this question need help on this question You are viewing Kellogg Carol's screen View
Options Goods - Real Estate is not considered a good, it is

You are viewing Kellogg Carol's screen View Options Goods - Real Estate is not considered a good, it is not movable. - Minerals are considered goods when removed by the seller. Growing Crops are considered goods when severed from the land. - Timber are considered goods when severed. Services- are not considered goods because they are not tangible. Restaurant transactions are always considered the sale of goods. Combination transactions - if goods are a major portion of the transaction 0 31 Participants Chat Reactions Share Screen Question 1 of 3 Current Attempt In Progress Blue Spruce Corp. decided to issue common stock and used the $265,500 proceeds to redeem all of its outstanding bonds on January 1, 2017. The following information is available for the company for 2017 and 2016 2017 2016 Net income 187.500 $152500 Dividends declared for preferred stockholders 3.900 5.900 Average common stockholders' equity 303.000 741000 Total assets 1405,000 L144,000 Current liabilities 164.000 164 000 Total liabilities 302.000 403 000 (a) Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, as 12.5%) 2016 2017 Return on common stockholders' equity ratio Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, . 12.5%) 2016 2017 Dubit to assets ratio e Textbook and Media Attempts:0 of 3 used Submit Anti

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