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What is the formula for determining Return on Common Equity? Net income preferred stock dividends/average common shareholders equity. Net income tax/average price per share. Net
- What is the formula for determining Return on Common Equity?
- Net income preferred stock dividends/average common shareholders equity.
- Net income tax/average price per share.
- Net income before tax minus basis.
- None of these options.
- True or False. A disregarded entity exists for tax purposes to benefit a shareholder.
- True.
- False.
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