A company reports the following:

Net income	$199,980
Preferred dividends	11,910
Average stockholders' equity	1,630,080
Average common stockholders' equity	825,730

Round percentages to one decimal place.

a. Determine the return on stockholders' equity.

b. Determine the return on common stockholders' equity.

A company reports the following:

Net income	$337,240
Preferred dividends	$24,980
Shares of common stock outstanding	26,000
Market price per share of common stock	$34.83

Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.