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I need help with the Return on Common Stockholders Equity Net income $320,000 Preferred dividends 12,800 Average stockholders' equity 2,831,858 Average common stockholders' equity 1,484,058

I need help with the Return on Common Stockholders Equity

Net income $320,000
Preferred dividends 12,800
Average stockholders' equity 2,831,858
Average common stockholders' equity 1,484,058

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 11.30%
b. Return on Common Stockholders Equity

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