Question - Common Stockholders Profitability Analysis

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Question - Common Stockholders' Profitability Analysis

A company reports the following:

Net income $170,000

Preferred dividends 6,800

Average stockholders' equity 1,393,443

Average common stockholders' equity 906,667

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

Reference no: EM132569349

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