North Company Reports the Following Amounts for 2020 The 2020 Rate of Return on Common Stockholders' Equity Is

question 108

Multiple Choice

North Company reports the following amounts for 2020: $$\begin{array} { l r } \text { Net income } & 160,000 \\\text { Average stockholders' equity } & 2,000,000 \\\text { Preferred dividends } & 45,000 \\\text { Parvalue preferred stock } & 250,000\end{array}$$ The 2020 rate of return on common stockholders' equity is:

• A) 5.8%.
• B) 6.6%.
• C) 8.0%.
• D) 9.1%.

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Definitions:

Employee Motivation

The level of commitment, drive, and energy that a company's workers bring to their roles each day.

Public Administrators

Individuals who implement public policies, manage governmental activities, and provide various services to the community within the public sector.

Nonprofit Managers

Individuals who are responsible for overseeing the administration, programs, and strategic plan of a nonprofit organization.

Governance

The action or manner of governing a state, organization, or people, typically involving regulations and policies.