Excerpts from Stys Corporation's Most Recent Balance Sheet and Income

question 107

Multiple Choice

Excerpts from Stys Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $8.20 per share.
-The return on common stockholders' equity for Year 2 is closest to:

• A) 13.02%
• B) 11.83%
• C) 13.42%
• D) 14.77%

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