Calculation of return on common stockholders equitythe

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Reference no: EM13356727

Calculation of return on common stockholders' equity.

The following information is available for Wenger Corporation:

Beginning stockholders' equity

$700,000

Dividends paid to common stockholders

50,000

Dividends paid to preferred stockholders

30,000

Ending stockholders' equity

800,000

Net income

165,000

Instructions
Based on the preceding information, calculate return on common stockholders' equity.

Reference no: EM13356727

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