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u Rate of return on common shareholders equity ? Monty Inc. has the following selected financial data: Net income Total assets Preferred shares, 4%, cumulative

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Rate of return on common shareholders equity ?
Monty Inc. has the following selected financial data: Net income Total assets Preferred shares, 4%, cumulative Common shares Retained earnings Accumulated other comprehensive income Total shareholders' equity Cash dividends paid in the year Market price of common shares Weighted average number of common shares 2020 $732,000 5,115,000 619,000 326,000 2,785,000 131,000 3,861,000 121,000 $97.92 87,000 2019 $699,000 4,492,000 619,000 326,000 2,174,000 117,400 3,236,400 164,400 $64.13 87,000 There were no preferred dividends in arrears

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