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

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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\begin{array}{|l|r|}\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 blured image ...

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