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In 2020. Net income for Cucumber Co. is 40500 dinars, interest expense is 9000 dinars, tax rate 50% preferred shares are 25000 shares (20%) at
In 2020. Net income for Cucumber Co. is 40500 dinars, interest expense is 9000 dinars, tax rate 50% preferred shares are 25000 shares (20%) at JD 2 par value, (cumulative convertible 1 to 2), ordinary share is 150000 share with 1 par value per share, ROCE is 12.2%, if the book value per share at 31/12/2020 is 2 dinar per share. the total owners equity at 1/1/2020, equal 200000 dinars 250000 dinars 500000 dinars None of above is correct
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