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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