Use the Following Information for Questions 93-95

question 143

Multiple Choice

Use the following information for questions 93-95.
The following data are provided for Croatia Corp.'s last two fiscal years: Additional information:
On May 1, 2021, 6,000 common shares were issued. Although dividends had been declared regularly up to December 31, 2020, preferred dividends were NOT declared during 2021. The market price of the common shares was $ 100 at December 31, 2021.
-To the nearest percent, the rate of return on common shareholders' equity for 2021 is

• A) 23%.
• B) 22%.
• C) 20%.
• D) 18%.

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Definitions:

Prediction Intervals

A range of values within which a future observation is expected to fall, with a certain level of confidence.

Prediction Interval

A range of values within which a future observation is expected to fall, with a certain probability.

Confidence Interval

A spread of values obtained from statistical scrutiny of samples, presumed to potentially contain the value of an undetermined population parameter.

Confidence Interval Estimate

An interval of values calculated from a sample that is expected to include the value of an unseen population parameter, with a certain degree of confidence.