Common Stockholders' Profitability Analysis

A company reports the following:

Net income$290,000Preferred dividends11,600Average stockholders' equity2,416,667Average common stockholders' equity1,325,714

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' Equityfill in the blank 1 %b. Return on Common Stockholders Equityfill in the blank 2 %