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how would you explain this A company reports the following: Net income $189,400 Preferred dividends 12,540 Average stockholders' equity 1,348,200 Average common stockholders' equity 887,220
how would you explain this
A company reports the following:
Net income | $189,400 |
Preferred dividends | 12,540 |
Average stockholders' equity | 1,348,200 |
Average common stockholders' equity | 887,220 |
Round percentages to one decimal place.
a. Determine the return on stockholders' equity. fill in the blank 1%
b. Determine the return on common stockholders' equity. fill in the blank 2%
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