Ranier Parts Company has a return on assets of 12% and a return on common stockholders' equity of 15%. What causes the difference in the two returns?
The return on assets considers the investment by creditors and all stockholders. The return on common stockholders' equity provides a return on the investment by common stockholders only. Because most companies have total assets that exceed common stockholders' equity, the return on assets will be lower.
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On a common-sized income statement, all items are stated as a percent of total assets or equities at year-end
a. True b. False Indicate whether the statement is true or false
When writing the résumé, which of the following writing styles is most effective?
A) Make liberal use of the word "I" B) Use an indirect writing style C) Use complex and detailed sentences that sound most impressive D) Use short and direct phrases E) Use whole sentences that focus on the reader's needs
Both financial and managerial accounting affect user's decisions and actions.
Answer the following statement true (T) or false (F)
Uncorrelated assets have correlation coefficient close to zero
Indicate whether the statement is true or false