SOLVE FOR THE RETURN ON EQUITY

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter12: Valuation: Cash-flow Based Approaches
Section: Chapter Questions
Problem 2CIC
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SOLVE FOR THE RETURN ON EQUITY

Given:

 

Equity Attributable to Equity Holders of the Parent Company

 

 

Capital Stock

 

₱ 2,498,991,753

Additional Paid-in Capital

 

706,364,357

Revaluation Surplus on Property and Equipment

 

                       2,211,108,991

Retirement benefits reserve

 

83,695,458

Foreign currency translation adjustment

 

52,542,000

Fair value reserve

 

2,063,223

Refined earnings (accumulated deficit)

 

(404,632,514)

Total Equity Attributable to Equity Holders of the Parent Company

 

                             

                       5,150,133,268

Noncontrolling Interests

 

                               867,381,339

    Total Equity

 

                       ₱ 6,017,514,607

Net Income

 

198,733,201

Total Comprehensive Income

 

₱ 183,147,615

 

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