A Company Reports the Following Determine the A) Rate Earned on Stockholders' Equity, and B)

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

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a)Rate earned on stockholders' equity = ...

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