Calculator Profitability Analysis for Fairall Corp. For the year ended September 26, 2015, Fairall Corporation...
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Calculator Profitability Analysis for Fairall Corp. For the year ended September 26, 2015, Fairall Corporation reported net income of $2,800 million. Total shareholders' equity on this date was $18,178 million, and on September 27, 2014, it was $19,873 million. No preferred stock was outstanding in either year. Required: 1. Compute Fairall's return on common stockholders' equity for the year ended September 26, 2015. Round your answer to two decimal places. % 2. What other ratio would you want to compute to decide whether Fairall is successfully employing leverage
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