Common Stockholders' Profitability Analysis

A company reports the following:

Net income	$1,000,000
Preferred dividends	50,000
Average stockholders' equity	6,250,000
Average common stockholders' equity	3,800,000

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

a. Return on stockholders equity	%
b. Return on common stockholders equity	%