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Dils Brothers' 2019 Balance Sheet Shows Average Stockholders' Equity of $36,000

Question 5

Multiple Choice

Dils Brothers' 2019 balance sheet shows average stockholders' equity of $36,000 million, net operating profit after tax of $2,280 million, net income of $760 million, and common shares issued of $3,832 million.
The company has no preferred shares issued. Dils Brothers' return on common stockholders' equity for the year is:


A) 19.83%
B) 2.11%
C) 6.33%
D) 7.30%

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