Nash's Trading Post, LLC had net income of $62000 and paid dividends of $20000 to common stockholders
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Question:
Nash's Trading Post, LLC had net income of $62000 and paid dividends of $20000 to common stockholders and $15000 to preferred stockholders in 2017. Nash's Trading Post, LLC common stockholders' equity at the beginning and end of 2017s was $400000 and $540000, respectively. Nash's Trading Post, LLC return on common stockholders' equity is
10%.
9%.
14%.
5%.
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