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Please see attached. Thank you! Do It! Review 11-04b a x Your answer is incorrect. Try again. On January 1, 2022, Riverbed Corp purchased 4,500

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Please see attached. Thank you!

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Do It! Review 11-04b a x Your answer is incorrect. Try again. On January 1, 2022, Riverbed Corp purchased 4,500 shares of treasury stock. Other information regarding Riverbed Corp is provided as follows. 2022 2021 Net income $122,700 $110,000 Dividends on preferred stock $35,250 $35,250 Dividends on common stock $24,400 $19,800 Weighted-average number of common shares outstanding 42,000 50,000 Common stockholders' equity beginning of year $750,000 $550,000 Common stockholders' equity end of year $840,000 $750,000 (a) Compute return on common stockholders' equity for each year. (Round answers to 1 decimal place, e.g. 15.2.) 2022 2021 Return on common stockholders' equity Click if you would like to Show Work for this question: Open Show Work

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