The Net Income for the Year Ended Was $300,000

question 41

Multiple Choice

The net income for the year ended was $300,000. The company has no preferred stock. Common stockholders' equity was $1,400,000 at the beginning of the year and $1,600,000 at the end of the year. The return on common stockholders' equity would be:

• A) 18.75%.
• B) 20.00%.
• C) 21.43%.
• D) 87.50%.

---

Definitions:

Normal Development

Refers to the predictable pattern of growth and change that occurs in individuals across the lifespan, including physical, cognitive, and emotional aspects.

Abnormal Development

Development that deviates from typical growth patterns, often implying delays or differences in physical, emotional, or cognitive processes.

Illness

A state of poor health, often characterized by symptoms and impacting an individual's normal functioning.

Pituitary Gland

A small, pea-sized gland located at the base of the brain, called the "master gland" because it produces hormones that control other glands and many body functions including growth.