Problem : Use the following data from the financial statements of the Polar Bear Company for their fiscal years ending September :
Total Assets
Notes Payable interest
Common Stock
Preferred $ stock, $ par value
Retained Earnings
Required: Determine the rate earned on total assets, the rate earned on stockholders equity, and the rate earned on common stockholders equity for the years and Round to one decimal place. What conclusion can be drawn from these data as to the companys profitability?
