Determine the return on stockholders equity

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Question - Common Stockholders' Profitability Analysis - A company reports the following:

Net income $300,000

Preferred dividends 12,000

Average stockholders' equity 2,222,222

Average common stockholders' equity 1,425,743

Required - Determine the return on stockholders' equity. If required, round your answers to one decimal place.

Reference no: EM133013237

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