Business, 07.06.2021 03:50 Chloeangelxoxo

Assume the following data for Cable Corporation and Multi-Media Inc. Cable Corporation Multi-Media Inc.
Net income $31,200 $140,000
Sales 317,000 2,700,000
Total assets 402,000 965,000
Total debt 163,000 542,000
Stockholders'
equity 239,000 423,000
a1. Compute return on stockholders’ equity for both firms.
a-2. Which firm has the higher return?
A. Multi-Media Inc.
B. Cable Corporation
b. Compute the following additional ratios for both firms.

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Assume the following data for Cable Corporation and Multi-Media Inc. Cable Corporation Multi-Media...

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