Data for Shamrock State Bank follows: Requirement 1. Evaluate the common stock of Shamrock State Bank as

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Data for Shamrock State Bank follows:

2012 2011 $ 61,000 $ 52,000 26,000 Net income Dividends-common 26,000 Dividends-preferred Total stockholders' equity at

Requirement
1. Evaluate the common stock of Shamrock State Bank as an investment. Specifically, use the four stock ratios to determine whether the common stock has increased or decreased in attractiveness during the pastyear.

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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