A company reports the following: Net income Preferred dividends Average stockholders' equity Average common stockholders' equity Round percentages to one decimal place. $133,980 9,740 1,305,180 823,220

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company reports the following:
Net income
Preferred dividends
Average stockholders' equity
Average common stockholders' equity
Round percentages to one decimal place.
a. Determine the return on stockholders' equity.
%
K
$133,980
9,740
1,305,180
823,220
Transcribed Image Text:A company reports the following: Net income Preferred dividends Average stockholders' equity Average common stockholders' equity Round percentages to one decimal place. a. Determine the return on stockholders' equity. % K $133,980 9,740 1,305,180 823,220
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