Gradebook ORION Downloadable eTextbook ?? Assignment ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NE Exercise...
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Gradebook ORION Downloadable eTextbook ?? Assignment ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NE Exercise 11-13 Ayayai Corp. decided to issue common stock and used the $250,000 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 Dividends declared for preferred stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities $180,000 140,000 6,000 6,000 1,100,000 700,000 1,300,000 1,100,000 100,000 200,000 400,000 100,000 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, eg, 12.5%.) 2017 2016 Debt to assets ratio Onen Show Work Click if vou would like to Show Work for this question ? +2 7:52
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