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Question 3 not really sure statements: 2020 On December 31, 2021, ACME Corp. reported the following in its comparative financial statements: On December 31, 2021.

Question 3 not really sure
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statements: 2020 On December 31, 2021, ACME Corp. reported the following in its comparative financial statements: On December 31, 2021. ACME Corp. reported the following in its comparative financial Pls $20 X 1000 shares 2021 | Preferred shares, 520. redemption value $54 per share freutherined and 1.000 shares issued $ 54.900 $ 54.000 2. Common shares her thorietand 4.000 (2021) and 3.000 (2020) shares issued and outstanding 92.000 86.000 3 Total contributed capital 146 000 140.000 Retained earnings 140.000 110.000 Total shareholders' equity $286.000 $250.000 2. Refer to Table 8-1. Assume ACME had not paid any dividends from 2018-2020. In 2021, ACME declared cash dividends of $48,000 to both the preferred and common shareholders. The total dividend received by the common shareholders was (assuming the number of preferred shares did not change): P/s - 20 X 1000 - 20,000 A. $48,000. B. $28,000. C/s - 48,000-20,000 - 28,000 C. $38,000. D. $43,000. NI Refer to Table 8- 1. Assume net income for 2021 is $66,000, and there are no dividends in arrears. What is ACME's return on common shareholders' equity for 2021? A. 30.8% 66,000 - 20.000 B. 17.2% C. 24.6% ( 250.00+28600) 21 5% B B = 17.2%

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