Evaluate the common stock of TomCat Incorporated as an investment. Specifically, use the two market analysis ratios to determine whether the stock 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 Stockholders' Equity at Year-End (100,000 shares) Preferred Stockholders' Equity, 6%, $100 Par at Year-End.. Market Price of Common Stock at Year-End. 2010 2009 $ 87,000 $83,000 48,000 48,000 780,000 750,000 300,000 300,000 $ 15.18 $ 11.63