Common Stockholders'ProfitabilityAnalysis

A company reports the following:

Net income$120,000 Preferred dividends 4,800 Average stockholders' equity 863,309 Average common stockholders' equity 587,755

Determine (a) thereturn on stockholders' equityand (b) thereturn on common stockholders' equity. If required, round your answers to one decimal place.

a.Return on Stockholders' Equity____%b.Return on Common Stockholders' Equity___%. I know A) the formula is net income/average common stockholders' equity, my answer is 0.20. B0 formula net income + preferred dividends/average stockholders my answer is 0.14. i dont know what i doing wrong

Return on Total Assets

A company reports the following income statement and balance sheet information for the current year:

Net income$382,020 Interest expense 67,410 Average total assets 6,330,000

Determine the return on total assets. If required, round the answer to one decimal place.

_____%

net inome + interest expenses/average total assets this is my answer 0.071 but the online book doesn't accept