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1. Duney Corporation reported a net Income of $ 300,000 on its 120,000 weighted - Average common shares outstanding and declared a $ 60,000 as

image text in transcribed 1. Duney Corporation reported a net Income of $ 300,000 on its 120,000 weighted - Average common shares outstanding and declared a $ 60,000 as preferred stock dividend. The beginning and ending common stockholder equity for the year are S 260,000 and $250,000, respectively. Calculate and interpret the following (Show full calculations): a) Earnings per share. b Return on Common Stockholder Equity QIX3image text in transcribed

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