Financial Statements for Larkins Company Appear Below

Multiple Choice

Financial statements for Larkins Company appear below:


Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.


-Larkins Company's return on common stockholders' equity for Year 2 was closest to:

A) 23.5%
B) 25.9%
C) 26.9%
D) 24.4%