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Consider the following financial information of Regal Distributing Company (Click the icon to view the financial information.) Read the requirement es Select the two
Consider the following financial information of Regal Distributing Company (Click the icon to view the financial information.) Read the requirement es Select the two ratios used to evaluate common stock as an investment, select the corresponding formulas, and then calculate each ratio for 2021 and 2020. (Abbreviations used: EPS = earnings per share, P/E = price per earnings, ROA = rate of return on total assets, ROE = rate of return on common stockholders' equity, and ROS = rate of return on net sales. Round intermediary calculations and your final answers to three decimal places, X.XXX.) Ratio EPS EPS Formula 2021 2020 Data table 2021 2020 Net income $ 91,000 $ 98,700 Dividends to common 21,000 12,000 Total stockholders' equity at year-end (includes 96,250 shares of common stock) 585,000 320,000 Preferred stock, 7% 90,000 90,000 Market price per share of common stock at year-end $ 22.00 $ 16.80 Print Done - Clear all Check answer
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