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Use the following information for questions. The following data are provided for Croatia Corp.'s last two fiscal years: Shareholders' Equity 15- 27 Additional information: On May 1, 2015, 6,000 common shares were issued.Although dividends had been declared regularly up to December 31, 2014, preferred dividends were NOT declared during 2015.The market price of the common shares was $100 at December 31, 2015.
-To the nearest percent, the rate of return on common shareholders' equity for 2015 is
Value of Land
The worth of a piece of real estate based on its location, size, use, and potential for future appreciation or income generation.
Profit-Maximizing Firm
A business entity whose primary goal is to achieve the highest possible profit from its operations.
Employ
The act of engaging individuals to perform tasks or services for compensation.
Land
In economics, this refers to all natural resources used to produce goods and services, including not just land itself but minerals, forests, and other resources.
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