Assume that you are purchasing an investment and have decided to invest in a company in the digital phone business. You have narrowed the choice to Digitized Corp. and very Zone, Inc. and have assembled the following data. (Click to view the income statement data) E: (Click to view the balance sheet and market price data.) Your strategy is to invest in companies that ha good shape financially. Assume that you have depends on the results of ratio analysis. Read the requirements. Requirement le. Compute the earnings per share of common stock for both companies for the current year. Begin by selecting the formula to compute the earnings per share of common stock. Earnings per share of common stock = (Net income - Preferred dividends) / Weighted average number of common share outstanding Now, compute the earnings per share of common stock for both companies. (Round your answers to the nearest cent.) Digitized Very Zone Earnings per share of common stock --- --------------- : - E- -- L-IL Choose from any list or enter any number in the input fields and then continue to the next question. 265,000 $ 102,000 102,000 327,000 95,000 132,000 Toid Current ASSETS Total Assets Total Current Liabilities Total Liabilities Common Stock $1 par (12,000 shares) $1 par (17,000 shares) Total Stockholders' Equity Market Price per Share of Common Stock Dividends Paid per Common Share 12,000 163,000 72.25 0.60 17,000 195,000 110.24 0.40 Selected balance sheet data at the beginning of the current year. Print Done x Data Table jot Dividends Paid per Common Share 0.60 0.40 Selected balance sheet data at the beginning of the current year: Digitized Very Zone Balance sheet: Accounts Receivables, net Merchandise Inventory Total Assets Common Stock $1 par (12,000 shares) Si par (17,000 shares) 38,000 $ 83,000 260.000 52,000 86,000 275,000 Higit 12.000 17,000 Assume that you are purchasing an investment and have decided to invest in a company in the digital phone business. You have narrowed the choice to Digitized Corp. and very Zone, Inc. and have assembled the following data. (Click to view the income statement data) E: (Click to view the balance sheet and market price data.) Your strategy is to invest in companies that ha good shape financially. Assume that you have depends on the results of ratio analysis. Read the requirements. Requirement le. Compute the earnings per share of common stock for both companies for the current year. Begin by selecting the formula to compute the earnings per share of common stock. Earnings per share of common stock = (Net income - Preferred dividends) / Weighted average number of common share outstanding Now, compute the earnings per share of common stock for both companies. (Round your answers to the nearest cent.) Digitized Very Zone Earnings per share of common stock --- --------------- : - E- -- L-IL Choose from any list or enter any number in the input fields and then continue to the next question. 265,000 $ 102,000 102,000 327,000 95,000 132,000 Toid Current ASSETS Total Assets Total Current Liabilities Total Liabilities Common Stock $1 par (12,000 shares) $1 par (17,000 shares) Total Stockholders' Equity Market Price per Share of Common Stock Dividends Paid per Common Share 12,000 163,000 72.25 0.60 17,000 195,000 110.24 0.40 Selected balance sheet data at the beginning of the current year. Print Done x Data Table jot Dividends Paid per Common Share 0.60 0.40 Selected balance sheet data at the beginning of the current year: Digitized Very Zone Balance sheet: Accounts Receivables, net Merchandise Inventory Total Assets Common Stock $1 par (12,000 shares) Si par (17,000 shares) 38,000 $ 83,000 260.000 52,000 86,000 275,000 Higit 12.000 17,000