Answer:
D 34.62%
Explanation:
To get the return on commonequity we need to follow a few steps as follows:
Here we have to let the Average total common stockholders' equity = ($550,000 + $490,000) ÷ 2 = $520,000 and (Net income $200,000 - Preferred Dividends $20,000) ÷ Average total common stockholders' equity = 34.62% .Therefore the correct answer is 34.62%.
As the beneficiary of a business trust, Kevin's liability for trust debts and obligations is nothing.
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Answer:
No
Explanation:
No kids get excited to get a little toy with their happy meal, and customers will willingly pay for it. it's not doing any harm, so I don't see why it would be unethical. I guess you could say that it's promoting unhealthy food but children can't buy their own food, so it would be up to the parents decision anyways.