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Find the return on common stockholders equity

Assignment Help Managerial Accounting
Reference no: EM132758012

Problem - A company reports the following:

Net income $375,000

Preferred dividends 75,000

Average stockholders' equity 2,500,000

Average common stockholders' equity 1,875,000

Find the return on common stockholders' equity. Round to one decimal place.

Reference no: EM132758012

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