What is the rate of return on common stockholders equity

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Reference no: EM13130791

What is the rate of return on common stockholders' equity if sales are $100,000, net income is $22,700, and average common stockholders' equity is $86,000?

A. 26.4%
B. 86.0%
C. The rate of return can't be determined from the information given.
D. 22.7%

Reference no: EM13130791

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