He following information is available for Evans Corporation: 2018 2017 Average common stockholders’ equity $1,500,000 $1,000,000 Average total stockholders’ equity 2,000,000 1,500,000 Common dividends declared and paid 72,000 50,000 Preferred dividends declared and paid 30,000 30,000 Net income 360,000 300,000 Compute the return on common stockholders’ equity for both years.

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he following information is available for Evans Corporation: 2018 2017 Average common stockholders’ equity $1,500,000 $1,000,000 Average total stockholders’ equity 2,000,000 1,500,000 Common dividends declared and paid 72,000 50,000 Preferred dividends declared and paid 30,000 30,000 Net income 360,000 300,000 Compute the return on common stockholders’ equity for both years.

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