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Data for Shamrock State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Shamrock State Bank as an investment. Specifically,
Data for Shamrock State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Shamrock State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Round to two decimal places. Data table Begin by selecting the formula to calculate the price/earnings ratio. Pricelearnings ratio 2024 2023 Net Income $ 49,800 $ 45.000 24,000 24,000 15,000 15,000 Dividends-Common Dividends-Preferred Total Stockholders' Equity at Year-End (includes 60,000 shares of common stock) Preferred Stock Market Price per Share of Common Stock 780,000 600,000 230,000 230,000 11.00 $ 17.50 $ Print Done
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