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MVC Corp. has total assets of $3.3M, total liabilities of $1.6M, a net profit margin of 7.13% on sales of $8M, and paid $300,000 in
MVC Corp. has total assets of $3.3M, total liabilities of $1.6M, a net profit margin of 7.13% on sales of $8M, and paid $300,000 in dividends. What is MVC Corp.s return on common equity?
A.28.93%
B.33.53%
C.40.71%
D.43.34%
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