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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
The formula for computing the rate of return on common stockholders' equity is
A) (net income + interest expense) / average total assets.
B) net income / net sales.
C) (net income - preferred dividends) / average common stockholders' equity.
D) (net income - preferred dividends) / number of shares of outstanding common stock.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
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