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A corporation's capitalization is: 1st Mortgage Bonds 10% M '32 $40,000,000 Preferred Stock 5% 10,000,000 Common Stock ($.01 par) 1,000,000 Capital in Excess of Par

A corporation's capitalization is:

1st Mortgage Bonds 10% M '32 $40,000,000

Preferred Stock 5% 10,000,000

Common Stock ($.01 par) 1,000,000

Capital in Excess of Par 800,000

Retained Earnings 6,000,000

The company's common stock ratio is: A. 9% B. 13% C. 17% D. 22%

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