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a company reports the following: net income $350,000 preferred dividends 50,000 average stockholders equity 1,000,000 average common stockholders equity 800,000 Determine the (a) rate earned

a company reports the following:

net income $350,000

preferred dividends 50,000

average stockholders equity 1,000,000

average common stockholders equity 800,000

Determine the (a) rate earned on stockholder's equity and (b) rate earned on common stockholder's equity. round answer to one decimal place

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