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Q10-53. Aqua Sport's net income for the period is $119,300 and beginning common stock- holders' equity is $681,200. Calculate Aqua Sport's return on common stockholders'

Q10-53. Aqua Sport's net income for the period is $119,300 and beginning common stock- holders' equity is $681,200. Calculate Aqua Sport's return on common stockholders' equity. a. 18.196 b. 16.8% c. 17.0% d. 18.996

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