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Determine the return on common stockholders equity

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Reference no: EM133004455

Question - Common Stockholders' Profitability Analysis - A company reports the following:

Net income $300,000

Preferred dividends 12,000

Average stockholders' equity 2,222,222

Average common stockholders' equity 1,425,743

Determine the return on common stockholders' equity. If required, round your answers to one decimal place.

Reference no: EM133004455

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