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What Is the Rate of Return on Common Stockholders' Equity

Question 94

Multiple Choice

What is the rate of return on common stockholders' equity if net income before taxes is $30,200, sales are $202,000, and common stockholders' equity is $81,000? (Round your answer two decimal places, X.XX%.)


A) 40.10%
B) 14.95%
C) 37.28%
D) None of these answers is correct.

Correct Answer:

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