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Determine the return on stockholders equity

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Reference no: EM133107401

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

Net income $170,000

Preferred dividends 6,800

Average stockholders' equity 1,404,959

Average common stockholders' equity 877,419

Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place.

Reference no: EM133107401

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