A company has $510 000 in Average ordinary shareholders' equity,Profit of $312 000,and Preferred dividends paid of $15 000.What is the rate of return on ordinary shareholders' equity?
A)61.2%
B)62.0%
C)58.2%
D)59.3%

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The Answer of A company has $510 000 in Average ordinary shareholders' equity,Profit of $312 000,and Preferred dividends paid of $15 000.What is the rate of return on ordinary shareholders' equity?
A)61.2%
B)62.0%
C)58.2%
D)59.3%

A Company Has $510 000 in Average Ordinary Shareholders' Equity,Profit