From the Following Information, Calculate Todd Ltd's Rate of Return

question 56

Multiple Choice

From the following information, calculate Todd Ltd's rate of return on ordinary shareholders' funds.

Ordinary share capital $600,000.
Retained profits and reserves $200,000.
180,000 fully paid $2.00 10% Preference shares.
Net profit after tax and before preference dividend $276,000.

• A)30.0%.
• B)16.0%.
• C)20.0%.
• D)26.0%.

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Social Interaction

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Abstract Institutions

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