Multiple Choice
Crawler Company's net income last year was $80,000.The company paid preferred dividends of $10,000 and its average common shareholders' equity was $400,000.The company's return on common shareholders' equity for the year was closest to:
A) 2.5%.
B) 17.5%.
C) 20.0%.
D) 22.5%.
Correct Answer:
Verified
Correct Answer:
Verified
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