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Question 25 Not yet answered Marked out of 6.00 P Flag question Return on Common Stockholders' Equity Los Altos, Inc., disclosed the following information in

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Question 25 Not yet answered Marked out of 6.00 P Flag question Return on Common Stockholders' Equity Los Altos, Inc., disclosed the following information in a recent annual report: Net income Preferred stock dividends Average common stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Year 1 Year 2 $42,000 $71,500 3,600 3,900 1,560,000 1,800,000 1.56 1.44 2.28 2.67 23,40 27.30 Calculate the return on common stockholders' equity for Los Altos, Inc. for both years. Round to two decimals. Return on Common Stockholders' Equity Year 1 % Year 2 % Did the return improve from Year 1 to Year 2

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