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Accounting
I need the how to not just the answer please and thank you!
Whetzel Corporation reported net income of $157,140, declared dividends on common stock of $50,030, and had an ending balance in retained earnings of $368,160. Common stockholders equity was $668,850 at the beginning of the year and $838,710 at the end of the year. Compute the return on common stockholders equity. (Round answer to 1 decimal place, e.g. 10.5%.)
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