A company reports the following:
Net income$197,000
Preferred dividends11,170
Average...
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Mathematics, 14.09.2021 14:00 cpcoolestkid4
A company reports the following:
Net income$197,000
Preferred dividends11,170
Average stockholders' equity1,211,200
Average common stockholders' equity844,280
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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Answers: 2
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