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What carter corporation return on common stockholders equity

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Carter Corporation had net income of $250,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2008. Carter Corporation's common stockholders' equity at the beginning and end of 2008 was $870,000 and $1,130,000, respectively. There are 100,000 weighted-average shares of common stock outstanding.

Question 1: Determine what the Carter Corporation's return on common stockholders' equity was

Reference no: EM132469076

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