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Common Stockholders' Profitability Analysis A company reports the following: Net income $285,000 Preferred dividends 11,400 Average stockholders' equity 2,435,897 Average common stockholders' equity 1,249,315 Determine

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Common Stockholders' Profitability Analysis A company reports the following: Net income $285,000 Preferred dividends 11,400 Average stockholders' equity 2,435,897 Average common stockholders' equity 1,249,315 Determine (a) the the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your percentages to one decimal place. a. The rate earned on stockholders' equity % b. The rate earned on common stockholders' equity %

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