Since 2016, DS Tech's return on common stockholders' equity has been 20%. During that time. DS had no preferred stock and : shares of $5 par common stock issued and outstanding. In 2020, DS return increased to 25% as a result of action taken by the company in that year. Which of the following could have produced the increase? Assume static net income. O the issuance of preferred stock O an increase in retained earnings Ca purchase of treasury stock the addition of common stock dividends distributable

Since 2016, DS Tech's return on common stockholders' equity has been 20%. During that time. DS had no preferred stock and : shares of $5 par common stock issued and outstanding. In 2020, DS return increased to 25% as a result of action taken by the company in that year. Which of the following could have produced the increase? Assume static net income. O the issuance of preferred stock O an increase in retained earnings Ca purchase of treasury stock the addition of common stock dividends distributable

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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