The following information pertains to tanzi company assume

Reference no: EM13597782

The following information pertains to Tanzi Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $37,565 Accounts receivable (net) $30,636 Inventory $37,162 Property, plant and equipment $256,813 Total Assets $362,176 Liabilities and Stockholders' Equity Current liabilities $68,268 Long-term liabilities $93,234 Stockholders' equity-common $200,674 Total Liabilities and stockholders' equity $362,176 Income Statement Sales $83,761 Cost of goods sold $37,692 Gross margin $46,069 Operating expenses $21,727 Net income $24,342 Number of shares of common stock $6,797 Market price of common stock $29 What is the return on common stockholders' equity for this company?

Reference no: EM13597782

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