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A company reports the following: Net income $166,530 Preferred dividends $14,210 Average stockholders' equity $1,695,540 Average common stockholders' equity $833,430 Round percentages to one decimal

A company reports the following:

Net income $166,530
Preferred dividends $14,210
Average stockholders' equity $1,695,540
Average common stockholders' equity $833,430

Round percentages to one decimal place.

a. Determine the rate earned on stockholders' equity.

b. Determine the rate earned on common stockholders' equity. %

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