23) West Tech. reports the following amounts for 2020: Net income $ 5,660,000 Average stockholders' equity 1,000,000 Preferred dividends 145,000 Par value preferred stock 350,000 The 2020 rate of return on common stockholders' equity is: a 5.8%. b. 6.6%. c. 8.4%. d. 9.1%. 24) Pagal Corporation had beginning inventory $10,000,000, cost of goods sold $11,750,000, and ending inventory $8,500,000. What was Pagal's inventory turnover? a. 1.3 times. b. 1.4 times. c. 1.5 times. d. 2 times 25) In 2020 Freetown Corporation reported net income $390,000, interest expense $162,000, and income tax expense $34,000. Freetown's times interest earned was: a. 4.2 times. b. 3.6 times. c. 3.2 times. d. 4.8 times