2018	2017
Net Income	$49,500	$38,250
DividendsCommon	24,000	24,000
DividendsPreferred	12,000	12,000
Total Stockholders' Equity at Year-End
(includes 75,000 shares of common stock)	790,000	610,000
Preferred Stock	230,000	230,000
Market Price per Share of Common Stock	$17.50	$12.00

calculate the price/earnings ratio for 2018 and 2017

(Round interim calculations to the nearest cent, $X.XX and your answers to two decimal places, X.XX.)

2018:
2017:

calculate the dividend yield on common stock for

2018 and 2017.

(Round interim calculations to the nearest cent, $X.XX, and your final answers to one tenth of a percent, X.X%.)

2018:		%
2017:		%

calculate the dividend payout for

2018 and 2017

(Round interim calculations to the nearest cent, $X.XX, and your final answers to the nearest whole percent, X%.)

2018:		%
2017:		%

Determine whether the common stock has increased or decreased in attractiveness during the past year.

The stock's attractiveness during 2018 as shown by the increase or decrease

in the price/earnings ratio. If an investor is looking at the stock for dividend potential, then the stock is less attractive or more attractive

than last year; both the dividend yield and the dividend payout decreased or increased

.