Korsak corporation decided to issue common stock and used

Reference no: EM13581165

Korsak Corporation decided to issue common stock and used the $331,700 proceeds to redeem all of its outstanding bonds on January 1, 2014. The following information is available for the company for 2013 and 2014.

	2014	2013
Net income	$ 188,300	$ 148,100
Dividends declared for preferred stockholders	6,300	9,000
Average common stockholders' equity	1,287,100	814,400
Total assets	1,629,900	1,374,600
Current liabilities	167,700	128,600
Total liabilities	342,800	560,200

Compute the return on common stockholders' equity for both years.


The return on common stockholders' equity ratio			2013_______%	2014_______		%

Compute the debt to total assets ratio for both years.


The debt to total assets ratio 2013_____			% 2014_____			%

Reference no: EM13581165

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