Question: A company reports the following: Net income $290,000 Preferred dividends 11,600 Average stockholders' equity 2,338,710 Average common stockholders' equity 1,442,487 Determine (a) the return on

A company reports the following:

Net income	$290,000
Preferred dividends	11,600
Average stockholders' equity	2,338,710
Average common stockholders' equity	1,442,487

Determine (a) the return on stockholders equity and (b) the return on common stockholders equity. If required, round your answers to one decimal place.

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