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The net income of a company for the year was? $570,000. The company has no preferred stock. Common? stockholders' equity was? $1,800,000 at the beginning
The net income of a company for the year was? $570,000. The company has no preferred stock. Common? stockholders' equity was? $1,800,000 at the beginning of the year and? $2,300,000 at the end of the year. Calculate the rate of return on common? stockholders' equity.?
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