12. Times preferred dividends earned 16. Return on common stockholders' equity 19. Dividends per share of common stock$ times %17. Earnings per share on common stock$ 20. Dividend yield 18. Price-earnings ratio % 12. Divide net income by preferred dividends [Preferred stock par value x dividend per preferred share]. 16. Divide net income minus preferred dividends [Preferred stock par value x dividend per preferred share] by average common stockholders' equity. Common Stockholders'Equity = Common Stock + Retained Earnings Average Common Stockholders'Equity = (Beginning Common Stockholders' equity + Ending Common Stockholders'Equity) 2 17. Divide net income minus preferred dividends [Preferred stock par value x dividend per preferred share] by common shares outstanding (common stock par value). 18. Divide common market share price by common earnings per share (use answer from requirement 17). 19. Divide common dividends (from Statement of Stockholders Equity) by common shares outstanding (common stock par value). 20. Divide common dividends per share (use answer from requirement 19) by market share price