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The Following Information Pertains to Benedict Company MC: 199 (Count) Preferred Dividends 4,000
What Is the Return

Question 195

Multiple Choice

The following information pertains to Benedict Company. Assume that all balance sheet amounts represent average balance figures.  Total assets $300,000 Stockholders’ equity-common 150,000 Total stockholders’ equity 200,000 Sales revenue 100,000 Net income 25,000 Number of shares of common stock 6,000 Common dividends 6,000\begin{array} { l r } \text { Total assets } & \$ 300,000 \\\text { Stockholders' equity-common } & 150,000 \\\text { Total stockholders' equity } & 200,000 \\\text { Sales revenue } & 100,000 \\\text { Net income } & 25,000 \\\text { Number of shares of common stock } & 6,000 \\\text { Common dividends } & 6,000\end{array} MC: 199 (count) Preferred dividends 4,000
What is the return on common stockholders' equity ratio for Benedict?


A) 16.7%
B) 14.0%
C) 12.7%
D) 10.5%

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