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A company reports the following: Net income $166,730 Preferred dividends 13,170 Average stockholders' equity 1,179,790 Average common stockholders' equity 875,530 Round percentages to one decimal
A company reports the following:
Net income | $166,730 |
Preferred dividends | 13,170 |
Average stockholders' equity | 1,179,790 |
Average common stockholders' equity | 875,530 |
Round percentages to one decimal place.
a. Determine the return on stockholders' equity. %
b. Determine the return on common stockholders' equity. %
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