Shareholder Profitability Ratios}

The following information pertains to Capital Corporation:

\section*{Required:}
Calculate the return on common equity and the earnings per share.

\section*{Exercise

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Net income Average common equity Preferred shares, $10 par, 230.000 issued, 10% cumulative Average common shares outstanding $ 1,005,000 $16,500,000 $ 2,300,000 525,000