Question: please provide all steps 1. Gamma Co. has $34,000,000 in total assets and 20,000,000 in total Owners' Equity. If Gamma's net income is $2,500,000 and
please provide all steps
1.
| Gamma Co. has $34,000,000 in total assets and 20,000,000 in total Owners' Equity. If Gamma's net income is $2,500,000 and it keeps $1,500,000 as retained earnings, what is Gamma's IGR and SGR? | |||
| IGR | 4.62% | ||
| SGR | 8.11% | ||
2.
| Delta Corp. has a net income of $5,000 and an ROA of 20%. If Delta paid out $1750 in dividends, what is Delta's IGR? If Delta's ROE is 30%, what is it's SGR? | |||
| IGR | 14.94% | ||
| SGR | 24.22% | ||
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