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Mei-kwei International's common stock sold for $6.55 per share at the end of this year....

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Accounting

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Mei-kwei International's common stock sold for $6.55 per share at the end of this year. The company paid preferred stock dividends totalling $4,400 and a common stock dividend of $1.49 per share this year. It also provided the following data excerpts from this year's financial statements: Required: What is the return on total assets (assuming a 30\% tax rate)? (Round your answer to 1 decimal place.) International's common stock sold for $6.55 per share at the end ar. The company paid preferred stock dividends totalling $4,400 nmon stock dividend of $1.49 per share this year. It also provided ving data excerpts from this year's financial statements: ie return on total assets (assuming a 30\% tax rate)? (Round your 01 decimal place.)

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