Summers, inc., has net income of $50 million in the current year. stockholders’ equity at the beginning and the end of the current year totaled $140 million and $160 million respectively. total assets at the beginning and the end of the current year totaled $190 million and $210 million respectively. what is the company’s return on equity for the current year?

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased. b. the company's times interest earned ratio decreased. c. the company's basic earning power ratio increased. d. the company's equity multiplier increased. e. the company's debt ratio increased.