A company reports the following: Net income $132,270 Preferred dividends 9,140 Average stockholders' equity 1,411,670...
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Accounting
A company reports the following:
Net income $132,270 Preferred dividends 9,140 Average stockholders' equity 1,411,670 Average common stockholders' equity 857,610 Round percentages to one decimal place.
a. Determine the return on stockholders' equity.
b. Determine the return on common stockholders' equity. %
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