Comparative calendar year financial data for a company are shown below:
Calculate:
(1) Return on total assets for 2010.
(2) Return on common stockholders' equity for 2010.
Definitions:
Investor Behavior
The study of how psychology influences financial decision-making and market movements.
Arbitrage Opportunities
Situations where it is possible to simultaneously buy and sell an asset or security for a profit due to price differences across markets.
Allocationally Efficient
A state of resource distribution where it is impossible to improve the utility of one individual without impairing the utility of another.
Moving Average Line
A technical analysis tool that smooths out price data by creating a constantly updated average price over a specific period of time, often used to identify trends.
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