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Selected Financial Data for Irvington Company Appear Below: During

Question 141

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Selected financial data for Irvington Company appear below: Selected financial data for Irvington Company appear below: During the year,the company paid dividends of $10,000 on its preferred shares.The company's net income for the year was $120,000.The company's return on common shareholders' equity for the year is closest to: A) 17%. B) 19%. C) 23%. D) 25%. During the year,the company paid dividends of $10,000 on its preferred shares.The company's net income for the year was $120,000.The company's return on common shareholders' equity for the year is closest to:


A) 17%.
B) 19%.
C) 23%.
D) 25%.

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