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Business, 03.12.2019 05:31 sipstick9411

The following information pertains to marsh company for the current year: average total assets, $400,000 average common stockholders’ equity, $200,000 sales, $120,000 net income, $24,000 dividends on common stock, $9,000 dividends on preferred stock, $6,000 what is the company’s return on common stockholders’ equity for the current year
a. 7.5%.
b. 60%.
c. 9%.
d. 4.5%
e. 12%.

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