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Which of the following is the formula to compute the rate of return on total assets? A. (Net income - preferred dividends) / Number of
Which of the following is the formula to compute the rate of return on total assets?
A. (Net income - preferred dividends) / Number of shares of common stock outstanding
B. Net income / Net sales
C. (Net income + income expense) / Total Assets
D. (Net income - preferred dividends) / Average common stockholders' equity
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