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Business, 25.11.2021 15:50 sebastianartiloufym8

3) The following information is available for Evans Corporation: 2021 2020
Average common stockholders’ equity $1,500,000 $1,000,000
Average total stockholders’ equity 2,000,000 1,500,000
Common dividends declared and paid 72,000 50,000
Preferred dividends declared and paid 30,000 30,000
Net income 360,000 300,000

Instructions
Compute the return on common stockholders’ equity for both years. Briefly comment on your findings.

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Answers: 1

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3) The following information is available for Evans Corporation: 2021 2020
Average common s...
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