Barker Inc.'s shareholders' equity balance on January 1, 2015, was $32,645. It reported the following account balances
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Net income ................................... $21,340
Shareholders' equity ........................ 37,830
Preferred dividends paid .................. 7,000
Calculate the return on common shareholders' equity at December 31, 2015
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Related Book For
Accounting Volume 2
ISBN: 978-0176509743
2nd Canadian edition
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
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