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Common Stockholders' Profitability Analysis A company reports the following: Net income $275,000 Preferred dividends 11,000 Average stockholders' equity 2,570,093 Average common stockholders' equity 1,450,549 Determine
Common Stockholders' Profitability Analysis
A company reports the following:
Net income | $275,000 |
Preferred dividends | 11,000 |
Average stockholders' equity | 2,570,093 |
Average common stockholders' equity | 1,450,549 |
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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