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A company reports the following: Net income $ 1 6 5 , 0 0 0 Preferred dividends 6 , 6 0 0 Average stockholders' equity

A company reports the following:
Net income $165,000
Preferred dividends 6,600
Average stockholders' equity 1,422,414
Average common stockholders' equity 757,895
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 fill in the blank 1%
b. Return on Common Stockholders Equity fill in the blank 2%

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