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During 2011, Crockett, Inc.'s net income was $100,000. Its common stockholders' equity was $700,000 at January 1, 2011 and $800,000 at December 31, 2011. During December, 2011, Crockett's board of directors declared a $25,000 preferred stock dividend and a $60,000 common stock dividend. What is Crockett's 2011 return on common stockholders' equity?
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How is UPS performing? What factors are driving this performance? Is the current performance likely to be sustained? Why or why not?
The underlying rationale for the alimony rules is that: 1. The fruit and tree metaphor should be rigorously applied.
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