Sheridan Industries reported net sales of $110000, net income of $49966, dividends paid to preferred...
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Sheridan Industries reported net sales of $110000, net income of $49966, dividends paid to preferred stockholders of $25000, dividends paid to common stockholders of $28000, average number of shares outstanding is 23000 and average common stockholders' equity of $114000. What is the return on common stockholders' equity? 96.5% 21.9% 43.8% 74.6%
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