Question: need help this question Morris Corporation decided to issue common stock and used the $300,000 proceeds to retire all of its outstanding bonds on January

need help this question

Morris Corporation decided to issue common stock and used the $300,000 proceeds to retire all of its outstanding bonds on January 1, 2012. The following information is available for the company for 2011 and 2012. CF Net income Dividends declared for preferred 8,000 8.000 stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities Compute the return on common stockholders' equity ratio for both years

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