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The following information pertains to Marsh Company for the current! year: Average total assets, $400,000 Average common stockholders' equity, $200,000 Sales, $120,000 Net income, $24,000

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The following information pertains to Marsh Company for the current! year: Average total assets, $400,000 Average common stockholders' equity, $200,000 Sales, $120,000 Net income, $24,000 Dividends on common stock, $9,000 Dividends on preferred stock, $6,000 What is the company's return on common stockholders' equity for the current year? 7.5%. 60%. 9%. 4.5% 12%

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