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QUESTION

00, net income is $22,700, beginning stockholders' equity is $88,000, and ending common stockholders' equity is $84,000, what is the return on equity?...

If sales are $100,000, net income is $22,700, beginning stockholders' equity is $88,000, and ending common stockholders' equity is $84,000, what is the return on equity? please show equations, thanks.

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