Balance Sheet for year-ended Dec 31 ($000's)

-Blockbuster Inc.
Income Statement for year-ended Dec 31 ($000's)

Referring to the Blockbuster financial statements,what is the change in ROE from Year 1 to Year 2? (ΔROE =
-
)
A) -4.80%
B) -4.18%
C) -2.87%
D) -1.20%
E) -1.17%

Question

Balance Sheet for year-ended Dec 31 ($000's)
 
-Blockbuster Inc.
Income Statement for year-ended Dec 31 ($000's)

Referring to the Blockbuster financial statements,what is the change in ROE from Year 1 to Year 2? (ΔROE = 
- 
)
A) -4.80% 
B) -4.18% 
C) -2.87% 
D) -1.20% 
E) -1.17%

Quizplus · Accepted Answer

ROE = 11ea7fdb_fc2f_87bc_a768_310a1ac0ebc5_TB2902_11 ROE Year 1 = 11ea7fdb_fc2f_aecd_a768_275373ed058c_TB2902_11 = -1.31%
ROE Year 2 = 11ea7fdb_fc2f_aece_a768_c371e102c8a7_TB2902_11 = -4.18%
Change = -4.18% --1.31% = -2.87%

Balance Sheet for Year-Ended Dec 31 ($000's)