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Common Stockholders Profitability Analysis A company reports the following: Net income $240,000 Preferred dividends 9.600 Average stockholders' equity 2.242.991 Average common stockholders' equity 1.193.782 Determine

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Common Stockholders Profitability Analysis A company reports the following: Net income $240,000 Preferred dividends 9.600 Average stockholders' equity 2.242.991 Average common stockholders' equity 1.193.782 Determine (a) the return on stockholders' equity and (b) the return on comme stockholders' equity. If required, round your answers to one decimal place. a. Return on Stockholders' Equity 10.6 X % b. Return on Common Stockholders' Equity 19.3 %

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