A company's board of directors declared a $0.90 per share cash dividend on its $3 par common stock. On the date of declaration, there were 44,000 shares authorized, 25,000 shares issued, and 3,000 shares held as treasury stock. What is the entry when the dividends are declared? A. 19,800 19,800 B. 19,800 19,800 Dividends Dividends Payable Dividends Cash Dividends Dividends Payable Dividends Cash C. 39,600 39,600 D. 22,500 22,500 Multiple Choice Option B Option A Option D Option C A company's financial statements include the following selected data ($ in millions): Sales, $22,400; Net Income, $800; Beginning stockholders' equity, $3,520; Ending stockholders' equity, $4,170. Calculate the return on equity. (Round your answer to 1 decimal place.) Return on equity %