Cornerstone Exercise 10-37 (Algorithmie) Stockholder Profitability Ratios The following information pertains to Montague Corporation: Net Income $50,000 Average common equity $1,500,000 Preferred dividends $7,500 Average common shares outstanding 100,000 Required: Calculate the return on common equity and the earnings per share. Round your answers to two decimal places Return on common equity per share Earnings per share