Use the Following Information for Questions 64 Through 69

question 14

Multiple Choice

Use the following information for questions 64 through 69.
The following data are provided: Additional information:
Depreciation included in cost of goods sold and operating expenses is $610,000. On May 1, 2015, 30,000 shares of common stock were issued. The preferred stock is cumulative. The preferred dividends were not declared during 2015.
-The return on common stock equity for 2015 is

• A) 750 ÷ 3,600.
• B) 750 ÷ 4,000.
• C) 650 ÷ 3,600.
• D) 650 ÷ 4,000.

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Definitions:

Crowdsourcing

The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, typically from an online community.

Startup Capital

Initial funding used to launch a new business or enterprise, covering costs such as operations, marketing, and product development until the business generates its own cash flow.

Sharing Economy

An economic model defined by the sharing of assets or services among individuals, usually facilitated by a community-based online platform.

Venture Capital

A form of private equity and financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.