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(a) Compute return on common stockholders' equity for each year. (Round answers to 1 decimal place, e.g. 10.5%.) Question 2 of 20 On January 1,

image text in transcribed (a) Compute return on common stockholders' equity for each year. (Round answers to 1 decimal place, e.g. 10.5\%.)

Question 2 of 20 On January 1, 2022, Crane Corporation purchased 1,000 shares of treasury stock. Other information regarding Crane Corporation is provided as follows. - / 10 Net income Dividends on preferred stock Dividends on common stock Common stockholders' equity beginning of year Common stockholders' equity end of year 2021 $195,000 25,000 17,000 595,000 650,000 2022 $210,000 25,000 23,000 650,000 720,000 (a) Compute return on common stockholders' equity for each year. (Round answers to 1 decimal place, e.g. 105K) 2021 2022 Return on common stockholders' equity

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