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The following information is available for Windsor Hill Corporation: Beginning common stockholders' equity $710,000 Dividends paid to common stockholders 59,000 Dividends paid to preferred stockholders
The following information is available for Windsor Hill Corporation:
Beginning common stockholders' equity | $710,000 | |
Dividends paid to common stockholders | 59,000 | |
Dividends paid to preferred stockholders | 25,000 | |
Ending common stockholders' equity | 1,005,000 | |
Net income | 290,825 |
Based on the preceding information, calculate return on common stockholders' equity.
Return on common stockholders equity | enter the return on common stockholders' equity in percentages % |
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