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Question Content AreaWhich of the following is the formula to calculate the return on stockholders'...

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Accounting

Question Content AreaWhich of the following is the formula to calculate the return on stockholders' equity?
a. Average stockholders' equity -: Gross income
b. Gross income -: Average stockholders' equity
c. Average stockholders' equity -: Operating income
d. Operating income -: Average stockholders' equity

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