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chandler company's net income last year was $60,000. the company paid perferred dividebds of $20,000 and its average common stockholders equity was $500,000. the company's

chandler company's net income last year was $60,000. the company paid perferred dividebds of $20,000 and its average common stockholders equity was $500,000. the company's return on common stockholders equity for the year was closest to:
a)8%
b) 4%
c) 16%

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