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Calculate the return on equity from the information.
selected information for Henry Company is as follows.
2006
2007
common stock
600000
additional paid-in capital
250000
retained earnings
170000
370000
net income for year
120000
240000
Henry's return on common stockholder's equity, rounded to the nearest percentage point, for 2007 is.........
.........................
your estimation
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Find the return on equity from the data given and Henry's return on common stockholder's equity, rounded to the nearest percentage point,for 2007
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