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    Financial Accounting IFRS Study Set 1
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    Exam 11: Corporations: Organization, Share Transactions, Dividends, and Retained Earnings
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    Assume That All Statement of Financial Position Amounts for Remington
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Assume That All Statement of Financial Position Amounts for Remington

Question 248

Question 248

Multiple Choice

Assume that all statement of financial position amounts for Remington Company represent average balance figures. Assume that all statement of financial position amounts for Remington Company represent average balance figures.   What is the return on ordinary shareholders' equity ratio for Remington? A)  20.7% B)  18.0% C)  14.0% D)  11.3% What is the return on ordinary shareholders' equity ratio for Remington?


A) 20.7%
B) 18.0%
C) 14.0%
D) 11.3%

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