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  3. shamrock corporation had net income of $122,875 an

Shamrock Corporation had net income of $122,875 and paid dividends of $42,000 to common stockholders...

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Accounting

Shamrock Corporation had net income of $122,875 and paid dividends of $42,000 to common stockholders and $16,000 to preferred stockholders in 2017. Shamrock Corporation's common stockholders equity at the beginning and end of 2017 was $870,000 and $1,030,000, respectively. Shamrock Corporation's return on common stockholders equity was

  • A. 7.25%.

  • B. 13.25%.

  • C. 11.25%.

  • D. 8.25%.

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