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Excerpts from Goodrow Corporation's Most Recent Balance Sheet and Income

Question 158

Multiple Choice

Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below:  Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below:     Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share. -The return on common stockholders' equity for Year 2 is closest to: A) 8.70% B) 10.17% C) 10.14% D) 11.86%  Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below:     Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share. -The return on common stockholders' equity for Year 2 is closest to: A) 8.70% B) 10.17% C) 10.14% D) 11.86% Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share.
-The return on common stockholders' equity for Year 2 is closest to:


A) 8.70%
B) 10.17%
C) 10.14%
D) 11.86%

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