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38) Based on the following information, which is the correct amount for Return on Common Stockholder's Equity? Net income: $ 600,000 Preferred dividends: $ 200,000
38) Based on the following information, which is the correct amount for Return on Common Stockholder's Equity? Net income: $ 600,000 Preferred dividends: $ 200,000 Cash dividends on common stock: $ 150,000 Average common stockholder's equity: $1,000,000 a) 15% b) 20% c) 25% d) 40%
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