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Common stockholders' profitability analysis A company reports the following: Line Item Description Amount Net income $220,000 Preferred dividends 8,800 Average stockholders' equity 2,018,349 Average common

Common stockholders' profitability analysis

A company reports the following:

Line Item Description Amount
Net income $220,000
Preferred dividends 8,800
Average stockholders' equity 2,018,349
Average common stockholders' equity 1,173,333

Determine (a) the return on stockholders equity and (b) the return on common stockholders equity. Round percentages to one decimal place.

Line Item Description Percentage
a. Return on Stockholders' Equity
b. Return on Common Stockholders Equity

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