A company reports the following:
Net income$ .................................................350,000
Preferred dividends.......................................50,000
Average stockholders' equity.......................1,000,000
Average common stockholders' equity........800,000?
Determine the (a) return on stockholders' equity and (b) return on common stockholders' equity. Round your answers to one decimal place.

Question

A company reports the following:
Net income$ .................................................350,000
Preferred dividends.......................................50,000
Average stockholders' equity.......................1,000,000
Average common stockholders' equity........800,000?
Determine the  (a) return on stockholders' equity and  (b) return on common stockholders' equity. Round your answers to one decimal place.

Quizplus · Accepted Answer

The Answer of A company reports the following:
Net income$ .................................................350,000
Preferred dividends.......................................50,000
Average stockholders' equity.......................1,000,000
Average common stockholders' equity........800,000?
Determine the  (a) return on stockholders' equity and  (b) return on common stockholders' equity. Round your answers to one decimal place.

A Company Reports the Following