Calculate return on common equity for 2014 using year-end amounts and assuming no preferred dividends.

Profitability Analysis Exercises and Problems Do the assigned questions using Malimash, Inc.’s 2014 financial data below: Malimash, Inc. 2014 Financial Data ($ millions) Income Statement Data Sales Revenue $7,120.00 Depreciation $230.00 Interest Expense $10.00 Pretax Income $2,550.00 Income Taxes $900.00 Net Income $1,650.00 Balance Sheet Data Current Assets $4,850.00 Fixed Assets, Net $2,400.00 Total Assets […]

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