Determine the return on stockholders equity

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Reference no: EM132719512

Problem - A company reports the following:

Net income $1,225,000

Preferred dividends 47,800

Average stockholders' equity 8,750,000

Average common stockholders' equity 5,400,000

Required -

Determine the return on stockholders' equity and Round percentages to one decimal place.

Determine the return on common stockholders' equity. Round percentages to one decimal place.

Reference no: EM132719512

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