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The rate of return on common shareholders' equity is calculated by dividing A.net income by average common shareholders' equity. B.net income by ending common shareholders'

The rate of return on common shareholders' equity is calculated by dividing

A.net income by average common shareholders' equity.

B.net income by ending common shareholders' equity.

C.net income less preferred dividends by average common shareholders' equity.

D.net income less preferred dividends by ending common shareholders' equity.

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