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A company reports the following: Net income Preferred dividends $ 2 6 0 , 0 0 0 1 0 , 4 0 0 1 ,

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A company reports the following:
Net income
Preferred dividends
$260,000
10,400
1,984,733
1,235,644
Average stockholders' equity
Average common stockholders' equity
Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place.
a. Return on Stockholders' Equity %
b. Return on Common Stockholders' Equity
%
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a. Divide net income by average stockholders' equity.
b. Divide net income minus preferred dividends by average common stockholders' equity.
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