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December 31, 2019 December 31, 2018 96,000 $ Net Income Preferred Dividends Total Stockholders' Equity Stockholders' Equity attributable to Preferred Stock Number of Common Shares
December 31, 2019 December 31, 2018 96,000 $ Net Income Preferred Dividends Total Stockholders' Equity Stockholders' Equity attributable to Preferred Stock Number of Common Shares Outstanding 21,000 330,000 30,000 70,000 3,000 314,000 30,000 8,000 16,000 Magnum, Inc. had reported the following balances: E: (Click the icon to view the 2018 and 2019 balances.) 11. Compute Magnum's earnings per share for 2019. 12. Compute Magnum's price/earnings ratio for 2019, assuming the market price is $38 per share. 13. Compute Magnum's rate of return on common stockholders' equity for 2019. 11. Compute Magnum's earnings per share for 2019. Select the formula, then enter the amounts to calculate the company's earnings per share for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round earnings per share to the nearest cent.) = Earnings per share 12. Compute Magnum's pricelearnings ratio for 2019, assuming the market price is $38 per share. Select the formula, then enter the amounts to calculate the company's pricelearnings ratio for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round the ratio to two decimal places.) = Price/earnings ratio 13. Compute Magnum's rate of return on common stockholders' equity for 2019. 13. Compute Magnum's rate of return on common stockholders' equity for 2019. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round your answer to the nearest tenth percent, X.X%.) = Rate of return on common SE
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