Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Return on Equity is:
A) 16.2%
B)0)162%
C)3)81%
D) 13.7%

Question

Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Return on Equity is:
A) 16.2% 
B)0)162% 
C)3)81% 
D) 13.7%

Quizplus · Accepted Answer

The Answer of  Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Return on Equity is:
A) 16.2% 
B)0)162% 
C)3)81% 
D) 13.7%

Shares Outstanding of Common Stock = 1,000,000