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Wildhorse co had net income of 114100 and paid dividends of

Question - Wildhorse Co. had net income of $114100 and paid dividends of $33000 to common stockholders and $16000 to preferred stockholders in 2017. Wildhorse Co. common stockholders' equity at the beginning and end of 2017s was $490000 and $600000, respectively. Wildhorse Co. return on common stockholders' equity is

17%.

22%.

18%.

13%.

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Accounting Basics: Wildhorse co had net income of 114100 and paid dividends of

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Accounting Basics: Wildhorse co had net income of 114100 and paid dividends of

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