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Exercise 10-78 Ratio Analysis 850,000 Consider the following information. Stock price Common dividends Preferred dividends 2019 preferred stock 2019 total stockholders' equity Purchases of treasury
Exercise 10-78 Ratio Analysis 850,000 Consider the following information. Stock price Common dividends Preferred dividends 2019 preferred stock 2019 total stockholders' equity Purchases of treasury stock Required: 555/share $765,000 $238,800 $6,162,000 $28,435,000 $120,000 Avg. common shares outstanding Dividends per common share Net income 2018 preferred stock 2018 total stockholders' equity $0.90/share $15,485,000 $5,299,000 $25,483,000 1. Calculate the stockholder payout ratios. (Note: Round answers to three decimal places.) Dividend Yield 1.636 % Dividend Payout Total Payout Stock Repurchase Payout 2. Calculate the stockholder profitability ratios. (Note: Round answers as follows: Return on Common Equity to three decimal places; Earnings per Share to two decimal places.) 2019 Return on Common Equity Earnings per Share per share
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