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Average common stockholders equity return on stockholders

Question: Rebert Inc. showed the following balances for last year:

160_Robert Inc.png

Rebert's net income for last year was $3,182,000.

Average Common Stockholders' Equity, Return on Stockholders' Equity Refer to the information for Rebert Inc. above.

Required: 1. Calculate the average common stockholders' equity.

2. Calculate the return on stockholders' equity.

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Accounting Basics: Average common stockholders equity return on stockholders

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Accounting Basics: Average common stockholders equity return on stockholders

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