Question: Presented below is information reported by Kiev Ltd. for their last two fiscal years. Common shares 6% preferred shares, no par value, cumulative Retained earnings

Presented below is information reported by Kiev Ltd. for their last

Presented below is information reported by Kiev Ltd. for their last two fiscal years. Common shares 6% preferred shares, no par value, cumulative Retained earnings (post closing) Net income for year Dec 31, 2021 $75,000 350,000 90,000 60,000 Dec 31, 2020 $ 60,000 350,000 75,000 32,000 What is Kiev's rate of return on common shareholders' equity for 2021? 0 2596 22.4% 48.8% 2696

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