Mark 2.00 out of 2.00 P Flag question ABC company has the following information during 2020 Common stock 100,000 Preferred stock 200,000 Paid-in capital in excess of par 150,000 Retained earnings 200,000 Number of outstanding shares 100,000 Preferred stock dividends 12,000 Net Income after tax 600,000 Calculate ROE 1.304