This financial information is available for Klinger Corporation. The weighted-average number of shares of common stock outstanding
Question:
This financial information is available for Klinger Corporation.
The weighted-average number of shares of common stock outstanding was 180,000 for 2019 and 150,000 for 2020.
Instructions
Calculate earnings per share and return on common stockholders’ equity for 2020 and 2019.
2020 2019 Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock $1,800,000 $1,900,000 70,000 20,000 90,000 20,000 200,000 191,000 25 20
Step by Step Answer:
2020 200000 20000 150000 120 2019 191000 20000 180000 095 2020 2019 Net inc Pref ...View the full answer
Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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