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Rogers Inc. had 500,000 shares of $2 par common stock outstanding at the end of both 2015 and 2016. Retained earnings at the end of

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Rogers Inc. had 500,000 shares of $2 par common stock outstanding at the end of both 2015 and 2016. Retained earnings at the end of 2015 amounted to $1,800,000. No dividends were paid during 2016, and net income for the year was $400,000. Determine Rogers' return on stockholders's equity for 2016

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