Oriole Company had net income of $120000 and paid dividends of $24000 to common stockholders and $15500
Fantastic news! We've Found the answer you've been seeking!
Question:
Oriole Company had net income of $120000 and paid dividends of $24000 to common stockholders and $15500 to preferred stockholders in 2017. Oriole Company common stockholders equity at the beginning and end of 2017s was $500000 and $600000, respectively. Oriole Company return on common stockholders equity is
18%.
14%.
23%.
19%.
Related Book For
Posted Date: