According to research by rarick and vitton

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According to research by Rarick and Vitton, firms with a formalized mission statement______.

A- have five times the return on shareholders’ than those without a formalized statement

B-ten times the return on shareholders' equity than firms without a formalized mission

C-see no change in return on shareholders’ equity, but see other less tangible benefits

D-Have a return on shareholders’ equity that is 20 percent higher than firms without a formalized mission

E-have twice the return on shareholders’ equity than those without a formalized statement

Reference no: EM13756529

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