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#10, quiz 7 Common Stockholders' Profitability Analysis A company reports the following: Net income $165,000 Preferred dividends 6,600 Average stockholders' equity 1,460,177 Average common stockholders'

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#10, quiz 7

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Common Stockholders' Profitability Analysis A company reports the following: Net income $165,000 Preferred dividends 6,600 Average stockholders' equity 1,460,177 Average common stockholders' equity 875,138 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place. a. Return on Stockholders' Equity b. Return on Common Stockholders' Equity

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