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Abigail Company reports the following: Net income Preferred dividends Average stockholders' equity Average common stockholders' equity $ 295,000 30,000 1,000,000 700,000 Determine the (a) return
Abigail Company reports the following: Net income Preferred dividends Average stockholders' equity Average common stockholders' equity $ 295,000 30,000 1,000,000 700,000 Determine the (a) return on stockholders' equity, and (b) 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 26.5 X % 37.86 X %
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