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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

 

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