Business, 11.12.2019 21:31 lilmaddy8856

Nance corporation’s had net income of $1 and paid dividends of $25000 to common stockholders and $2 to preferred stockholders in 2017. nance corporation’s common stockholders’ equity at the beginning and end of 2017s was $45 and $55, respectively. nance corporation’s return on common stockholders’ equity is

a. 11%.
b. 15%.
c. 20%.
d. 16%.

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Nance corporation’s had net income of $1 and paid dividends of $25000 to common stockholders and $2...

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