Cornerstone Exercise 10-37 Stockholder Profitability Ratios The following information pertains to Montague Corporation: Net income $1,800,000 Average common equity $22,350,000 Preferred dividends $375,000 Average common shares outstanding 805,000 Required: Calculate the return on common equity and the earnings per share. (Note: Round answers to two decimal places.) Return on common equity % Earnings per share