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14 14 Net income 16 Additional data: 17 Total assets 195.000 180,000 18 Common stockholders equity 207,000 61.110 19 Preferred dividends 101,000 20 Common shares

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14 14 Net income 16 Additional data: 17 Total assets 195.000 180,000 18 Common stockholders equity 207,000 61.110 19 Preferred dividends 101,000 20 Common shares outstanding during the year 21 27,985 Did the company's operating performance improve or deteriorate during 2014? E14-30B ratios (Learning objective Evaluate the common stock of Oxford State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Current year Last year Net income 80,700 76,500 Dividends common. 20,160 20,160 Dividends preferred 13,500 13,500 Total stockholders' equity at year-end $807,200 $626,600 (includes 84,000 shares of common stock) Preferred stock (6%) $215,000 $215,000 Market price per share of common stock 24.00 19.20

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