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Dividends during Year 2 totaled $127,000, of which $5,000 were preferred dividends. The market price of a share of common stock on December 31 ,

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Dividends during Year 2 totaled $127,000, of which $5,000 were preferred dividends. The market price of a share of common stock on December 31 , Year 2 , was $100. Use this information for the following 3 questions. You may finish on ancther sheet of p needed. Calculate the following profitability ratios: (1) Return on Sales, (2) Return on Common Shareholder Equity, (3) Earnings per share, and (4) Dividend payout. Then Briefly explain what profitability ratios identify in general. Lastly, explain the meaning of each ratio that was calculated. Dividends during Year 2 totaled $127,000, of which $5,000 were preferred dividends. The market price of a share of common stock on December 31 , Year 2 , was $100. Use this information for the following 3 questions. You may finish on ancther sheet of p needed. Calculate the following profitability ratios: (1) Return on Sales, (2) Return on Common Shareholder Equity, (3) Earnings per share, and (4) Dividend payout. Then Briefly explain what profitability ratios identify in general. Lastly, explain the meaning of each ratio that was calculated

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