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%. Selected financial data for Barnstable Company appear below: 19x9 19x8 (in thousands) Sales $1,500 $1,200 Operating Expenses 450 400 Interest Expense 75 30 Cost of Goods Sold 900 720 Dividends Declared and Paid 30 0 For 19x9, the gross margin as a percentage of sales was: a. 5%. b. 60%. c. 10%. d. 40%. For 19x9, the net income before taxes as a percentage of sales was: a. 10%. b. 3%. c. 8%. d. 5%. For 19x9, the net operating income as a percentage of sales was: a. 70%. b. 8%. c. 10%. d. 40%. Boston Company is contemplating the purchase of a new machine on which the following information has been gathered: Cost of the machine $38,900 Annual cash inflows expected $10,000 Salvage value $ 5,000 Life of the machine 6 years The company's discount rate is 16%, and the machine will be depreciated using the straight-line method. Given these data, the machine has a net present value of: a. -$26,100. b. -$23,900. c. $0. d. +$26,100. Information concerning the common stock of Morris Company as of the end of the company's fiscal year is presented below. Number of shares outstanding 460,000 Par value per share $ 5.00 Dividends paid per share $ 6.00 Market price per share $ 54.00 Earnings per share $ 18.00 The dividend yield ratio is closest to: a. 50.0%. b. 33.3%. c. 120.0%. d. 11.1%