Abigail Company Reports the Following ​
Determine the (A) Return on Stockholders' Equity, and (B)

question 120

Essay

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

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Definitions:

Erich Fromm

A German social psychologist and psychoanalyst known for his theories on the psychology of personality, freedom, and love.

Rejected

Describes being turned away or dismissed, often referring to social rejection or denial of a proposal, idea, or relationship.

Loneliness

A distressing experience that occurs when a person's social relationships are perceived to be less in quantity and quality than desired.

Represses Hostility

The act of unconsciously suppressing feelings of anger or aggression towards others.