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Calculator The following data are taken from the financial statements, determine for the current year the (a) return on total assets, (b) return on stockholders'

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Calculator The following data are taken from the financial statements, determine for the current year the (a) return on total assets, (b) return on stockholders' equity, (c) return on common stockholders' equity, (d) earnings per share on common stock, (e) price-earnings ratio on common stock, and (f) dividend yield. The current market price per share of common stock is $25. Current Year $ 745,000 1,510,000 Preceding Year $820,000 1,400,000 Current assets Property, plant, and equipment Current liabilities (non-interest-bearing) Long-term liabilities, 12% Preferred 10% stock Common stock, $25 par Retained earnings, beginning of year Net income for year Preferred dividends declared Common dividends declared 160,000 400,000 250,000 1,200,000 140,000 400,000 250,000 1,200,000 230,000 160,000 155,000 110,000 (25,000) (70,000) (25,000) (60,000) Round dollar values to two decimal places and other final answers to one decinal place. a. Return on total assets 11,565 % b. Return on stockholders' equity 2,125 % Previous Next > Current Year $745,000 1,510,000 Preceding Year $820,000 1,400,000 160,000 Current assets Property, plant, and equipment Current liabilities (non-interest-bearing) Long-term liabilities, 12% Preferred 10% stock Common stock, $25 par Retained earnings, beginning of year Net income for year Preferred dividends declared Common dividends declared 140,000 400,000 250,000 1,200,000 250,000 1,200,000 230,000 110,000 (25,000) (70,000) 160,000 155,000 (25,000) (60,000) Round dollar values to two decimal places and other final answers to one decimal place. a. Return on total assets 11,565 % b. Return on stockholders' equity 2,125 % c. Return on common stockholders' equity 0.05% d. Earnings per share on common stock 2,400 e. Price-earnings ratio on common stock 0.92 f. Dividend yield 22.22 %

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