11.32 What is the return on common stockholders' equity based on the following Beginning Common Stock: $1 par (500,000 shares authorized, 400,000 shares outstanding) Beginning Additional Paid-in Capital, Common Stock: $1,600,000 Ending Common Stock: $1 par (500,000 shares authorized, 460,000 shares outstanding Ending Additional Paid-in Capital, Common Stock: $1,800,000 Net Income: $362,500 Preferred Stock throughout the year: 8%, $50 par (10,000 shares authorized and outstanding). 14.3% 15.1% (c) 18.1% ? 190% Mark for Revien Confidence SUBMIT MacBook Air 3 4