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Common Stockholders' Profitability Analysis A company reports the following: Net income $155,000 Preferred dividends 6, 200 Average stockholders' equity 1, 131, 387 Average common stockholders'

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Common Stockholders' Profitability Analysis A company reports the following: Net income $155,000 Preferred dividends 6, 200 Average stockholders' equity 1, 131, 387 Average common stockholders' equity 751, 515 Determine (a) the rate earned on stockholders' equity and (b) the rate earned on common stockholders' equity. If required, round your answers to one decimal place. a. Rate earned on stockholders' equity % b. Rate earned on common stockholders' equity %

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