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Corporation had net income of $140,000 and paid dividends of $40,000 to common stockholders and $20,000 to preferred stockholders in 2020. Corporation's common stockholders'
Corporation had net income of $140,000 and paid dividends of $40,000 to common stockholders and $20,000 to preferred stockholders in 2020. Corporation's common stockholders' equity at the beginning and end of 2020 was $870,000 and $1,130,000, respectively. Corporation's return on common stockholders' equity was 12%. O.8%. 14%. 9%.
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