CALCULATOR PRINTER VERSION Exercise 11-13 Swifty Corporation decided to issue common stock and used the...
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CALCULATOR PRINTER VERSION Exercise 11-13 Swifty Corporation decided to issue common stock and used the $392,500 proceeds to redeem all of its outstanding bonds on The following information is available for the company for 2017 and 2016. 2017 2016 Net income Dividends declared for preferred stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities s186,500 156,000 8,500 1,147,000 857,000 1,404,000 1,375,000 239,000 239,000 257,000 518,000 8,500 Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, eg, 12.5%.) 2017 2016 Return on common stockholders' equity ratio (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, e.g. 12.5%.) 2017 2016 Debt to assets ratio ent/test/aglist.uni?idasnmt2344827#N1009A
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