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A company reports the following: Net income $152,420 Preferred dividends 10,510 Average stockholders' equity 1,280,820 Average common stockholders' equity 811,780 Round percentages to one decimal

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A company reports the following: Net income $152,420 Preferred dividends 10,510 Average stockholders' equity 1,280,820 Average common stockholders' equity 811,780 Round percentages to one decimal place. a. Determine the rate earned on stockholders' equity. b. Determine the rate earned on demmon stockholders' equity. %

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