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Compute the rate of return on common stockholders equity

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Reference no: EM132628481

Question - Dakota Company reports the following amounts for 2012.

Net income $150,000

Average, stockholders' equity 1,000,000

Preferred dividends 42,000

Par value preferred stock 200,000

Required - Compute the 2012 rate of return on common stockholders' equity?

Reference no: EM132628481

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