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Shred, Inc.'s 2016 balance sheet reported the following items-with 2015 figures given for comparison: (Click the icon to view the 2016 and 2015 figures.) Net
Shred, Inc.'s 2016 balance sheet reported the following items-with 2015 figures given for comparison: (Click the icon to view the 2016 and 2015 figures.) Net income for 2016 was $3,550. Compute Shred's rate of return on common stockholders' equity for 2016. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2016. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Complete all input boxes. Enter "0" for any zero amounts.) Rate of return on common SE %
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