Herman Corporation had net income of $100000 and paid dividends of $25000 to common stockholders and $20000 to preferred stockholders in 2021.Herman Corporation's common stockholders' equity at the beginning and end of 2021 was $450000 and $550000 respectively.Herman Corporation's return on common stockholders' equity is
A) 20.0%.
B) 16.0%.
C) 15.0%.
D) 11.0%.
Correct Answer:
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