Problem - Common Stockholders Profitability Analysis

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Problem - Common Stockholders Profitability Analysis

A company reports the following:

Net income $600,000

Preferred dividends 50,000

Average stockholders' equity 6,000,000

Average common stockholders' equity 5,000,000

Required -

Determine the rate earned on stockholders' equity. Round to one decimal place.

Determine the rate earned on common stockholders' equity. Round to one decimal place.

 

Reference no: EM132684266

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