Question
Exercise 14-15 The following financial information is available for Wildhorse Corporation. 2020 2019 Average common stockholders' equity $1,100,000 $871,000 Dividends paid to common stockholders
Exercise 14-15 The following financial information is available for Wildhorse Corporation. 2020 2019 Average common stockholders' equity $1,100,000 $871,000 Dividends paid to common stockholders 54,500 31,000 Dividends paid to preferred stockholders Net income 23,500 23,500 300,000 190,000 Market price of common stock 20 14 The weighted-average number of shares of common stock outstanding was 79,000 for 2019 and 106,000 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Earnings per share Return on common stockholders' equity 2020 2019 % %
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