Unit 8 Assignment Q7

a&b

In 2022. Sindhill Corporation had net sales of 5 607.000 and cost of goods sold 5359.000 Operating perces were $152.000. and interesat eperde was $5.500. The corporation's tax rate is 20%. The corporation declared preferred dividends of S 14.500 in 2022 and its average common stockholders equity during the year was 5190.000 la) Prepare an income statement for Sandhill Corporation SANDHILL CORPORATION Income Statement > > ( > > > $ eTextbook and Media Save For Later Attempts:0 of 5 used Submit Answer (b) Computer Sandhill Corporation's return on common stockholders' equity for 2022. Round answer to 1 decimal place, es 10.5%) Return on common stockholders' equity e Textbook and Media Attempts: 0 of 5 used Sub Answer Save for later