Reference no: EM132802608
Notebook Inc. Statement of Financial Position (partial)
2018 2016
Contributed Capital
Common Shares, unlimited number
of shares authorized, 350,000 shares issued $10,400,000 $10,400,000
Contributed Surplus 200,000 200,000
Total Share Capital 12,400,000 12,400,000
Retained Earnings 5,900,000 4,725,000
Accumulated Other Comprehensive Income 400,000 475,000
Total Shareholders' Equity $18,700,000 $17,600,000
problem 1: Assuming no dividends were paid in 2018, what is the return on common shareholders' equity for Notebook?
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: Notebook Inc. Statement of Financial Position (partial),Assuming no dividends were paid in 2018, what is the return on common shareholders' equity for Notebook?
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