What is the Return on Equity and Return on Assets

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Reference no: EM132890305

Question - The following information is available for the CAMDOM Co.:

Cash $600,000

Account payable $2,300,000

Accrued Expenses $700,000

Marketable Securities $700,000

Taxes $150,000

Account Receivable $1,400,000

Excess Paid in Capital $800,000

Inventory $1,500,000

Common Stock $2,000,000

Taxable Income $950,000

Fixed Asset $2,500,000

Total Shares of Outstanding 400,000

Retained Earnings $900,000

Required - What is the ROE (Return on Equity), ROA (Return on Assets), and EPS (Earnings per Share)?

Reference no: EM132890305

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