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What is the rate of return on common stockholders equity

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Reference no: EM131819726

Question - 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: EM131819726

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