The following information is available for Aerius Corporation for the current year: Net income $160,000 Preferred...

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The following information is available for Aerius Corporation for the current year: Net income $160,000 Preferred dividends 30,000 Interest expense 18,000 Beginning of year: Total assets 900,000 Total liabilities 300,000 Total common shareholders' equity End of year: Total assets Total liabilities Total common 400,000 shareholders' equity The return on equity for Aerius Corporation is: a) 49.0% b) 33.5% c) 41.3% d) 32.5% 375,000 950,000 350,000 The following information is available for Aerius Corporation for the current year: Net income $160,000 Preferred dividends 30,000 Interest expense 18,000 Beginning of year: Total assets 900,000 Total liabilities 300,000 Total common shareholders' equity End of year: Total assets Total liabilities Total common 400,000 shareholders' equity The return on equity for Aerius Corporation is: a) 49.0% b) 33.5% c) 41.3% d) 32.5% 375,000 950,000 350,000

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