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Question 11 Swifty Corporation had net income of $270000 and paid dividends of $390000 to common stockholders and $11000 to preferred stockholders in 2020. Swifty
Question 11 Swifty Corporation had net income of $270000 and paid dividends of $390000 to common stockholders and $11000 to preferred stockholders in 2020. Swifty Corporation's common stockholders' equity at the beginning and end of 2020 was $890000 and $1110000, respectively. There are 91000 weighted average shares of common stock outstanding. SwiftyCorporation's return on common stockholders' equity was O 23.33% O 9.82% 10.90%. O 25.90%
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