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Regency Incorporated recently reported a return on common stockholders equity of 12%. What were the companys preferred dividends if net income was $700,000 during a
Regency Incorporated recently reported a return on common stockholders equity of 12%. What were the companys preferred dividends if net income was $700,000 during a year when beginning common stockholders equity was $4,750,000 and ending common stockholders equity was $5,250,000
A : $130,000
B : $100,000
C : $70,000
D : $0
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