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plzzz 18 Zain JO @ 94% 6:16 PM Imsystem.ju.edu.jo III Al-Hayyan Corporation reported net income of $200,000 during 2020 and paid dividends of $ 26,000
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18 Zain JO @ 94% 6:16 PM Imsystem.ju.edu.jo III Al-Hayyan Corporation reported net income of $200,000 during 2020 and paid dividends of $ 26,000 on ordinary shares. It also has 10,000 6%, $100 par value preference shares outstanding. Ordinary shareholders' equity was $1,200,000 on January 1, 2020, and $1,600,000 on December 31, 2020. The company's return on ordinary shareholders' equity for 2020 is: O 8.1% O 12.4% O 10.0% O 9.6%Step by Step Solution
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