Rosetta Company's July 31 inventory was destroyed by fire. The company's beginning inventory was $250,000, and purchases for January through July were $600,000. Sales for the same period were $900,000. The company's normal gross profit percentage is 30% of sales. Using the gross profit method, the July 31 inventory is estimated to be

Industrial products firms or makers of other complex products favor a ____ strategy

Fill in the blank(s) with the appropriate word(s).

Holland Corporation's annual report is as follows

March 31, 2016 March 31, 2017 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, 2017. (Round your final answer two decimal places.) A) 8.36% B) 9.32% C) 8.67% D) 7.99%