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What would the calculations look like for Starbucks 2018 annual report on the listed ratio? ROE =Net...

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Accounting

What would the calculations look like for Starbucks 2018 annualreport on the listed ratio?

ROE =Net income - preferred dividends/Average commonstockholders' equity

My number feels incorrect and i'm trying to see where I wentwrong. I used 4518.3(Net income), couldn't find preferred dividendsand (1175.8(2018)+5457(2017))/2= 1394.6 (Average commonstockholders' equity).

I am questioning if I pulled the correct numbers from the annualreport. My ratio was 136%, if that is correct what does it meanbeing such a high number?

Answer & Explanation Solved by verified expert
3.8 Ratings (507 Votes)
With the provided facts in your problem 1st Your calculation for average common stockholder will come to 33164 2nd Generally Preference Shareholders dividend can be calculated by paid up value of Preference Stockholders value with the specified    See Answer
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