Use the Following Information for Questions

question 53

Multiple Choice

Use the following information for questions.
The following data are provided for Croatia Corp.'s last two fiscal years: Additional information:
On May 1, 2018, 6,000 common shares were issued.Although dividends had been declared regularly up to December 31, 2017, preferred dividends were NOT declared during 2018.The market price of the common shares was $100 at December 31, 2018.
-To the nearest percent, the rate of return on common shareholders' equity for 2018 is

• A)23%.
• B)22%.
• C)20%.
• D)18%.

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Definitions:

Cervical Spine

The portion of the spine that runs through the neck, made up of seven vertebrae.

General Anesthesia

A medically induced, reversible state of unconsciousness, accompanied by loss of pain sensation and muscle relaxation, used during surgical procedures.

Spinal Anesthesia

A type of anesthesia administered into the spinal column to induce absence of sensation and pain, particularly in the lower part of the body.

Epidural

An anesthesia technique that involves injecting medication into the epidural space of the spinal canal to provide pain relief, especially during childbirth.