Business, 01.10.2019 05:10, jazzhands16
He following information pertains to benedict company. assume that all balance sheet amounts represent average balance figures. total assets $300,000stockholders' equity—common 150,000total stockholders' equity 200,000sales revenue 100,000net income 25,000number of shares of common stock 6,000common dividends 6,000mc: 199 (count)preferred dividends 4,000what is the return on common stockholders' equity ratio for benedict? a. 16.7%b. 14.0%c. 12.7%d. 10.5%
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