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

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Abigail Company reports the following:
 Net income $295,000 Preferred dividends 30,000 Average stockholders’ equity 1,000,000 Average common stockholders’ equity 700,000\begin{array}{|l|r|}\hline\text { Net income } & \$ 295,000 \\\hline \text { Preferred dividends } & 30,000 \\\hline \text { Average stockholders' equity } & 1,000,000 \\\hline \text { Average common stockholders' equity } & 700,000 \\\hline\end{array} Determine the a rate earned on stockholders' equity,and b rate earned on common stockholders' equity.Round your answer to one decimal place.

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

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