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Exercise 14-15 The following financial information is available for Plummer Corporation 2017 2016 Average common stockholders' equity $1,140,000 $897,000 Dividends paid to common stockholders 54,500

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Exercise 14-15 The following financial information is available for Plummer Corporation 2017 2016 Average common stockholders' equity $1,140,000 $897,000 Dividends paid to common stockholders 54,500 25,500 Dividends paid to preferred stockholders 25,000 25,000 Net income 290,000 195,000 Market price of common stock 18 13 The weighted average number of shares of common stock outstanding was 80,000 for 2016 and 102,000 for 2017 Calculate earnings per share and return on common stockholders' equity for 2017 and 2016. (Round answers to 2 decimal places, e.. 10.50- 2017 2016 Earnings per share $ $ Return on common stockholders' equity Click it you would like to Show Work for this question Don Show Work LINK TO TEXT LINK TO TEXT

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