Evaluate the common shares of TomCat Incorporated as an investment. Specifically, use the two market analysis ratios to determine whether the shares increased or decreased in attractiveness during the past year. Assume that TomCat Incorporated paid the full amount of preferred dividends.

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Net Income Total Dividends. Common Shareholders' Equity 2014 2013 $ 87,000 $ 83,000 48,000 48,000 at Year-End (100,000 shares..780,000 750,000 Preferred Shareholders' Equity, 6%, at Year-End (3,000 shares) 300,000 300,000 $ 15.18 $ 11.63 Market Price of Common Shares at Year-End..