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At the end of the current year, Emerald Inc. reported the following information: Sales $280,000 Operating income $84,000 Average total assets $320,000 Average stockholders' equity

At the end of the current year, Emerald Inc. reported the following information:

Sales $280,000
Operating income $84,000
Average total assets $320,000
Average stockholders' equity $200,000

Calculate Emerald's return on stockholders' equity.

a.42%

b.35%

c.50%

d.28%

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