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Pharoah Company had net income of $137700 and paid dividends of $26500 to common stockholders and $20000 to preferred stockholders in 2017. Pharoah Company common
Pharoah Company had net income of $137700 and paid dividends of $26500 to common stockholders and $20000 to preferred stockholders in 2017. Pharoah Company common stockholders equity at the beginning and end of 2017s was $490000 and $580000, respectively. Pharoah Company return on common stockholders equity is
17%. |
| 26%. |
| 22%. |
| 21%. |
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