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:

Refreezing

The final stage in the change process where new behaviors are solidified into the culture and practices of an organization.

Urgency To Change

The perceived immediate need within an organization to adapt or modify its operations or strategy.

Change Agent

An individual or entity that acts as a catalyst for change, facilitating, enabling, and often driving the change process within organizations or communities.

Diffusion

Diffusion is the process by which an innovation, idea, or trend spreads through a population or social system.