Thank you so much for your help The following information wa

(Thank you so much for your help!)

The following information was extracted from the accounting records of Company A et income nterest expense Total assets on 1.1 x1 otal assets on 12 31x1 Total common equity on 1.1.x1 Total common equity on 12.31 x1 Preferred dividends $330,00 220,000 $8,220,000 S8,430,000 $2,800,00 $60,000 What is Company A\'s rate of return on equity? 90% O 11.3% 9.31% 1.62%

(12.31+12.31+1.1+1.1)/3 = 8.94=9%