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A company reports the following: Net income $220,000 Preferred dividends 8,800 Average stockholders' equity 1,929,825 Average common stockholders' equity 1,025,243 Determine (a) the return on
A company reports the following: Net income $220,000 Preferred dividends 8,800 Average stockholders' equity 1,929,825 Average common stockholders' equity 1,025,243 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place. a. Return on Stockholders' Equity % b. Return on Common Stockholders' Equity % A company reports the following: Net Income $643,500 Preferred dividends $36,000 Shares of common stock outstanding 75,000 Market price per share of common stock $87.48 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. s b. Determine the company's price-earnings ratio. Round to one decimal place
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