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Unformatted text preview: ROE 08 = Net Income/Common Equity = $253,584/$1,977,152 = 12.8%. The firm’s profit margin is above 2006 and 2007 levels and is at the industry average. The basic earning power, ROA, and ROE ratios are above both 2006 and 2007 levels, but below the industry average due to poor asset utilization....
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This note was uploaded on 07/13/2011 for the course FIN 4414 taught by Professor Staff during the Spring '08 term at University of Florida.
- Spring '08
- Return On Equity (ROE)