Question: Regency Incorporated recently reported a return on common stockholders equity of 12%. What were the companys preferred dividends if net income was $700,000 during a

Regency Incorporated recently reported a return on common stockholders equity of 12%. What were the companys preferred dividends if net income was $700,000 during a year when beginning common stockholders equity was $4,750,000 and ending common stockholders equity was $5,250,000

A : $130,000

B : $100,000

C : $70,000

D : $0

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