Computation of Rate of Return on Common Stockholders’ Equity
Question
NFL, Inc.’s 2013 balance sheet reported the following items – with 2012 figures given for comparison:
NFL, INC
Balance Sheet
As of December 31, 2013 and December 31, 2012
December 2013 December 2012
Total Assets $50,307 $44,343
Total Liabilities 25,650 22,443
Total Stockholder’s Equity (all common) 24,657 21,900
Total Liabilities and Stockholders’ Equity $50,307 $44,343
Net income for 2013 was $5,835. Compute NFL’s rate of return on common stockholders’ equity for 2013.
Summary
This question belongs to accounting and discusses about computation of rate of return on common stockholders’ equity of a company.
Total word count: 16