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how to find common shares outstanding in detail in this example? please provide step by step detail including amount. please provide formula with amount. the
how to find common shares outstanding in detail in this example? please provide step by step detail including amount. please provide formula with amount.
the following data for Minnesota Bankcorp: Consider the Click the icon to view the data) Net income was $12.432 its liquidation value. Th 3% was $12.432 million for 20X2. The preferred stock is 3% cumulative. The par value of the preferred stock is also dation value. The regular annual dividend on the preferred stock was declared and paid and the common holders received dividends of $0.40 per share. The market price of the common stock on December 31, 20X2, was prefer are $15.00 per share. Requirement 1. Compute the following statistics for 20X2: rate of return on common equity, earnings per share of common stock, price- earnings ratio, dividend-payout ratio, dividend-yield ratio, and book value per share of common stock. Requirement 1. Compute the following statistics for 20X2: rate of return on common equity, camings per share of common stock, price-earnings ratio, dividend-payout ratio, dividend-yield ratio, and book value per share of common stock (Abbreviation used:ols - Outstanding. Enter dollar amounts in dollars and not in millions.) as given laptop. The December 31 20x2 20X1 Stockholders' equity Preferred stock, 400,000 shares, $12 par $ Common stock, 8,000,000 shares, $8 par Additional paid-in capital 4,800,000 $ 64,000,000 8,000,000 7,200.000 4,800,000 64,000,000 8,000,000 2.400,000 Retained income $ 84,000,000 $ 79,200,000 Total stockholders' equity Step by Step Solution
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