Common Stockholders' Profitability Analysis

A company reports the following:

Net income $160,000

Preferred dividends 6,400

Average stockholders' equity 1,300,813

Average common stockholders' equity 783,673

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' Equity

%

b. Return on Common Stockholders Equity

%