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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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6 years ago
What is the rate of return on common stockholders' equity if net income before taxes is $21,200, sales are $200,000, and common stockholders' equity is $76,000?
A) 22.7%
B) 27.9%
C) 26.4%
D) None of these answers is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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#1
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6 years ago
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majestico Author
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#2
6 years ago
Thanks for attempting to answer. You were correct in your response!
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