North Company reports the following amounts for 2015: Net income $ 160,000 Average stockholders equity...
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Accounting
North Company reports the following amounts for 2015: Net income $ 160,000 Average stockholders equity 2,000,000 Preferred dividends 45,000 Par value preferred stock 250,000 The 2015 rate of return on common stockholders equity is:
Answer
A)
5.8%.
B)
6.6%.
C)
8.0%.
D)
9.1%.
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