Evaluate the common stock of Nelson State Bank as an investment. Specifically, use the three stock ratios
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Net income Dividends-common Dividends-preferred Total stockholders' equity at year end Current year S 80,400 $ 21,580 $ 14,000 $809,300 Last year $ 47,200 $ 21,580 $14,000 S639,150 (includes 80,000 shares of common stock) Preferred stock, 6% Market price per s $220,000 $ 20.00 $220,000 $ 8.00 hare of common
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