Name: Class ACCT 230 Spring 2020 Chapter 13 In-Class Handout 31. A company reports the following: Net income Preferred dividends Average stockholders' equity Average common stockholders' equity $ 350,000 50,000 1,000,000 800,000 Determine the (a) return on stockholders' equity and (b) return on common stockholders' equity. Round your answers to one decimal place