Selected financial data for Irvington Company appear below: Account Balances Beginning of year End of year Preferred stock $125,000 $125,000 Common stock 300,000 400,000 Retained earnings 75,000 185,000 During the year, the company paid dividends of $10,000 on its preferred stock. The company's net income for the year was $120,000. The company's return on common stockholders' equity for the year is closest to: a. 17%. b. 19%. c. 23%. d. 25%. Save Answer 39. (Points: 1) The following account balances have been provided for the end of the most recent year: Total assets $150,000 Total stockholders' equity $120,000 Total common stock $ 50,000 (5,000 shares) Total preferred stock $ 10,000 (1,000 shares) The book value per share of common stock is: a. $22. b. $25. c. $20. d. $28. Save Answer 40. (Points: 1) Dratif Company's working capital is $33,000 and its current liabilities are $80,000. The company's current ratio is closest to: a. 1.41 to 1. b. 0.59 to 1. c. 3.42 to 1. d. 0.41 to 1