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QUESTION 15 Holland Corporation's annual report is as follows. December 31, 2017 December 31, 2018 Net Income $350,000 $441,500 Preferred Dividends 0 O Total Stockholders'

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QUESTION 15 Holland Corporation's annual report is as follows. December 31, 2017 December 31, 2018 Net Income $350,000 $441,500 Preferred Dividends 0 O Total Stockholders' Equity $4,380,000 $5,092,000 Stockholders' Equity attributable to Preferred Stock o 0 Number of Common Shares Outstanding 284,000 195,000 Based on the information provided, find the rate of return on common stockholders' equity on December 31, 2018. (Round your final answer two decimal places.) 9.32% 8.67% 8.36% 7.99% QUESTION 17 Organic Produce, Inc. has 49,000 shares of common stock outstanding and 6000 shares of proferred stock outstanding. The common stock is $0.08 par value; the preferred stock is 4% noncumulative with a $100.00 par value. On October 15, 2019, the company declares a total dividend payment of $56,000 How much dividend will be paid to the common stockholders? $56,000 $48,000 $24.000 $32,000

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