Use the Following Information for Questions

question 94

Multiple Choice

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

• A)23%.
• B)22%.
• C)20%.
• D)18%.

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Definitions:

Communal Branding

A branding strategy that emphasizes community involvement and identity in promoting a brand.

High Levels

A term used to describe situations, measurements, or quantities that are significantly above average or normal range.

Manage Diversity

The practice of recognizing, embracing, and leveraging differences within a group or organization to foster an inclusive environment and achieve better outcomes.

Highlighting Strength

The practice of emphasizing and showcasing the strong points or advantages of a product, service, or individual to differentiate them from competitors.