A company reports the following: $$\begin{array} { | l | r | }
\hline \text { Net income } & \$ 350,000 \
\hline \text { Preferred dividends } & 50,000 \
\hline \text { Average stockhol ders' equity } & 1,000,000 \
\hline \text { Average common stockholders' equity } & 800,000 \
\hline
\end{array}$$
Determine the (a) return on stockholders' equity, and (b) return on common stockholders' equity. Round your answer to one decimal place.

Question

A company reports the following: $$\begin{array} { | l | r | } 
\hline \text { Net income } & \$ 350,000 \
\hline \text { Preferred dividends } & 50,000 \
\hline \text { Average stockhol ders' equity } & 1,000,000 \
\hline \text { Average common stockholders' equity } & 800,000 \
\hline
\end{array}$$ ​
Determine the (a) return on stockholders' equity, and (b) return on common stockholders' equity. Round your answer to one decimal place.

Quizplus · Accepted Answer

The Answer of A company reports the following: $$\begin{array} { | l | r | } 
\hline \text { Net income } & \$ 350,000 \
\hline \text { Preferred dividends } & 50,000 \
\hline \text { Average stockhol ders' equity } & 1,000,000 \
\hline \text { Average common stockholders' equity } & 800,000 \
\hline
\end{array}$$ ​
Determine the (a) return on stockholders' equity, and (b) return on common stockholders' equity. Round your answer to one decimal place.

A Company Reports the Following ​ Determine the (A) Return on Stockholders' Equity, and (B)

A Company Reports the Following
Determine the (A) Return on Stockholders' Equity, and (B)