What would the calculations look like for Starbucks 2018 annualreport on the listed ratio?
ROE =Net income - preferred dividends/Average commonstockholders' equity
My number feels incorrect and i'm trying to see where I wentwrong. I used 4518.3(Net income), couldn't find preferred dividendsand (1175.8(2018)+5457(2017))/2= 1394.6 (Average commonstockholders' equity).
I am questioning if I pulled the correct numbers from the annualreport. My ratio was 136%, if that is correct what does it meanbeing such a high number?
