A Company Has $510 000 in Average Ordinary Shareholders' Equity,Profit

question 73

Multiple Choice

A company has $510 000 in Average ordinary shareholders' equity,Profit of $312 000,and Preferred dividends paid of $15 000.What is the rate of return on ordinary shareholders' equity?

• A)61.2%
• B)62.0%
• C)58.2%
• D)59.3%

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Definitions:

Sample Size

The number of observations or units chosen from a population to participate in a study.

Standard Error

A statistical term that measures the accuracy with which a sample distribution represents a population by using standard deviation.

Sample Proportion

The fraction or percentage of a sample that represents a particular outcome or characteristic.

Control Chart

A graphical tool used in process control to track if a process is functioning within predetermined limits over time.