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Sheffield corporation had a net income of $200000 and paid dividends of $400000 to common stockholders and $11000 to preferred stockholders in 2020. Sheffield corporation
Sheffield corporation had a net income of $200000 and paid dividends of $400000 to common stockholders and $11000 to preferred stockholders in 2020. Sheffield corporation is common stockholders equity at the beginning and end of 202" was$910000 and $ 1080000, respectively. There are 113000 weighted average shares of common stock outstanding. Sheffield Corporations return on common stockholders equity was?
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