Multiple Choice
Goslier Company's net income last year was $130,000.The company paid preferred dividends of $42,000 and its average common stockholders' equity was $610,000.The company's return on common stockholders' equity for the year was closest to
A) 15.8%.
B) 28.1%.
C) 21.3%.
D) 14.4%.
Correct Answer:
Verified
Correct Answer:
Verified
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