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Common Stockholders' Profitability Analysis A company reports the following: Net income $305,000 Preferred dividends 12,200 Average stockholders' equity 2,500,000 Average common stockholders' equity 1,435,294 Determine
Common Stockholders' Profitability Analysis
A company reports the following:
Net income | $305,000 |
Preferred dividends | 12,200 |
Average stockholders' equity | 2,500,000 |
Average common stockholders' equity | 1,435,294 |
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 | fill in the blank 1 % |
b. Return on Common Stockholders Equity | fill in the blank 2 % |
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