Question: From the following information, calculate the return on common equity for the year 2009 (amount in millions of dollars). There were no share repurchases. Common

From the following information, calculate the return on common equity for the year 2009 (amount in millions of dollars). There were no share repurchases.
Common stockholders’ equity, December 31, 2008 ..... 174.8
Dividends paid to common stockholders ......... 8.3
Share issue on December 31, 2009 ........... 34.4
Common stockholders’ equity, December 31, 2009 .... 226.2

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