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21. The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Stockholders' equity----common $150,000 Total stockholders' equity 200,000

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21. The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Stockholders' equity----common $150,000 Total stockholders' equity 200,000 Sales 100,000 Net income 25,000 Number of shares of common stock 10,000 Common stock dividends 10,000 Preferred stock dividends 4,000 What is the return on common stockholders' equity ratio for Greenwich? A) 16.7% B) 14.0% C) 12.7% D) 10.5% Use the following to answer questions 22-23: Joy Elle's Vegetable Market had the following transaction during 2016: - - - - - - - 1. $25,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $11,000 3. Issued Acquired land by issuing common stock of par value $50,000 4. Declared and paid a cash dividend of $1,000 5. Sold a long-term investment (cost $3,000) for cash of $3,000 6. Acquired an investment in IBM stock for cash of $6,000 22. What is the net cash provided by financing activities? A) $13,000 B) $25,000 C) 14,000 D) $9,000 23. What is the net cash provided by investing activities? A) $6,000 B) $16,000 C) ($3,000) D) $3,000

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