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Fuentes Corporation reported net income of $155,270, declared dividends on common stock of $49,159, and had an ending balance in retained earnings of $363,870. Stockholders'
Fuentes Corporation reported net income of $155,270, declared dividends on common stock of $49,159, and had an ending balance in retained earnings of $363,870. Stockholders' equity was $688,590 at the beginning of the year and $819,060 at the end of the year. Compute the return on common stockholders' equity. _______________________%
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