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Question - Notebook Inc. Statement of Financial Position (partial)
2018
2016
Contributed Capital Common Shares, unlimited number of shares authorized, 350,000 shares issued
$10,400,000
Contributed Surplus
200,000
Total Share Capital
12,400,000
Retained Earnings
5,900,000
4,725,000
Accumulated Other Comprehensive Income
400,000
475,000
Total Shareholders' Equity
$18,700,000
$17,600,000
Assuming no dividends were paid in 2018, what is the return on common shareholders' equity for Notebook?
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