The following information pertains to Oriole Company. Assume that all balance sheet amounts represent average balance...
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The following information pertains to Oriole Company. Assume that all balance sheet amounts represent average balance figures. Total assets $387000 Stockholders' equity-common 199000 Total stockholders' equity 259000 Sales revenue 105000 Net Income 29000 Number of shares of common stock 7500 Common dividends 5000 Preferred dividends 5900 What is Oriole's return on common stockholders' equity? 13.6%. O 11.6%. 7.9%. 8.6%. The following information pertains to Oriole Company. Assume that all balance sheet amounts represent average balance figures. Total assets $387000 Stockholders' equity-common 199000 Total stockholders' equity 259000 Sales revenue 105000 Net Income 29000 Number of shares of common stock 7500 Common dividends 5000 Preferred dividends 5900 What is Oriole's return on common stockholders' equity? 13.6%. O 11.6%. 7.9%. 8.6%.
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Related Book For
Advanced Accounting
ISBN: 978-0077431808
10th edition
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
Posted Date:
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