A Company Had a Return on Common Stockholders' Equity of 22%.Net

question 51

Multiple Choice

A company had a return on common stockholders' equity of 22%.Net income equaled $600,000 and average common stockholders' equity equaled $2,500,000.Compute the amount of the preferred dividends declared.

• A)$50,000
• B)$550,000
• C)$132,000
• D)$10,763,636
• E)$10,000

---

Definitions:

Table Datasheet View

The presentation of a database table in a grid format, where data is arranged in rows and columns, allowing for data entry and manipulation.

Arrow

An arrow is a graphical symbol used to point or indicate direction, often found in diagrams or as part of user interface designs.

Display Control Property

A property in graphical user interfaces that determines how an element is displayed on the screen.

Lookup Properties

Features in databases or spreadsheets that allow users to find specific data by defining search criteria or conditions.