Multiple Choice
Herman Corporation had net income of $100,000 and paid dividends of $25,000 to common stockholders and $20,000 to preferred stockholders in 2020.Herman Corporation's common stockholders' equity at the beginning and end of 2020 was $450,000 and $550,000, respectively.Herman Corporation's return on common stockholders' equity is
A) 20.0%.
B) 16.0%.
C) 15.0%.
D) 11.0%.
Correct Answer:

Verified
Correct Answer:
Verified
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