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:

Solipsism

The philosophical idea that only one's own mind is sure to exist, and the external world, as well as other minds, might not exist outside one's own perceptions.

Paradoxical

Something that appears contradictory or opposed to common sense yet might be true upon closer examination.

Selves

The individual identities or personalities that constitute the self-awareness or essence of a person.

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.