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The following financial information is available   2010 2011 Average common stock equity 1,190,000 881,000 dividends paid to common sockholders 52,000 34,500 dividens paid to preffered stock holders 24,500 24,500 net income 285,000 200,000 market price of common stock 22 17 The weighted average number of shares of common stock outstanding was 79,000 for 2010 and 106,000 for 2011 calculate earnings per share and return on common stockholders equity for 2010 and 2011   2010 2011 Earnings per share     return on common stochholders equity % %

The following financial information is available   2010 2011 Average common stock equity 1,190,000 881,000 dividends paid to common sockholders 52,000 34,500 dividens paid to preffered stock holders 24,500 24,500 net income 285,000 200,000 market price of common stock 22 17 The weighted average number of shares of common stock outstanding was 79,000 for 2010 and 106,000 for 2011 calculate earnings per share and return on common stockholders equity for 2010 and 2011   2010 2011 Earnings per share     return on common stochholders equity % %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following financial information is available

  2010 2011
Average common stock equity 1,190,000 881,000
dividends paid to common sockholders 52,000 34,500
dividens paid to preffered stock holders 24,500 24,500
net income 285,000 200,000
market price of common stock 22 17

The weighted average number of shares of common stock outstanding was 79,000 for 2010 and 106,000 for 2011

calculate earnings per share and return on common stockholders equity for 2010 and 2011

  2010 2011
Earnings per share    
return on common stochholders equity % %
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