Nathalie Company has earnings available for common shareholders of P700 produced by sales of P10,000. It also has total assets of P20,000 and an assets to equity ratio of 2.5. What is Nathalie's return on common equity? *

Managerial Accounting: The Cornerstone of Business Decision-Making
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
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Nathalie Company has earnings available for common shareholders of
P700 produced by sales of P10,00o. It also has total assets of P20,000
and an assets to equity ratio of 2.5. What is Nathalie's return on common
equity? *
Transcribed Image Text:Nathalie Company has earnings available for common shareholders of P700 produced by sales of P10,00o. It also has total assets of P20,000 and an assets to equity ratio of 2.5. What is Nathalie's return on common equity? *
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