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Find the rate of return on common stockholders equity

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Reference no: EM132694962

Question - Holland Corporation's annual report is as follows.

March 31, 2017 March 31, 2018

Net Income $350,000 $441,500

Preferred Dividends 0 0

Total Stockholders' Equity $4,380,000 $5,092,000

Stockholders' Equity attributable to Preferred Stock 0 0

Number of Common Shares Outstanding 284,000 195,000

Based on the information provided, find the rate of return on common stockholders' equity on March 31, 2018. (Round your final answer two decimal places.)

A) 7.99%

B) 8.67%

C) 9.32%

D) 8.36%

Which of the following sections of the statement of cash flows includes activities that increase and decrease long-term liabilities and stockholders' equity?

A) the investing activities section

B) the financing activities section

C) the operating activities section

D) change in cash section

Reference no: EM132694962

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