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Determine the return on stockholders equity

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

Net income $270,000

Preferred dividends 10,800

Average stockholders' equity 2,231,405

Average common stockholders' equity 1,246,154

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: EM133123888

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