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Practice Question 54 Consider the following data for a corporation: Net income Preferred stock dividends Market price per share of stock Average common stockholders' equity
Practice Question 54 Consider the following data for a corporation: Net income Preferred stock dividends Market price per share of stock Average common stockholders' equity Cash dividends declared on common stock $800,000 $50,000 $25 $4 ,000,000 $20,000 What is the return on common stockholders' equity? 21.25% a. b. c. d. 18.75% 19.50% 20.00%
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Financial Accounting
Authors: Alan Melville
2nd Edition
0273634399, 978-0273634393
