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I am utterly stumped. I need to know how to get the preferred dividends and how to get average common stockholder's equity? The company's income

I am utterly stumped. I need to know how to get the "preferred dividends" and how to get average common stockholder's equity?

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The company's income statements for the Current Year and '1 Year Ago, follow. For Year Ended December 31 Current Year 1 Year Ago Sales $ 694,281 5 54?,312 Cost of goods sold 35 423,463 $ 356,9?8 Other operating expenses 215,202 138,595 Interest expense 11,391 12,569 Income tax expense 9,625 23,2131r Total costs and expenses 659,491 515,491 Net income $ 34,713 3 32,321 Earnings per share $ 2.14 5 1.99 Additional information about the company follows. Common stock market price, December 3-1, Current Year $ 28.06 Common stock market price, December 31, 1 Year Ago 26.30 Annual cash dividends per share in Current Year 6.32 Annual cash dividends per share 1 Year Ago 6.16 For both the current year and one year ago, compute the following ratios: 1. Return on equity. 1 Dividend yield. 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a priceearnings ratio of 8, which company has higher market expectations for future growth? Complete this queslion by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required BB Compute the return on equity for each year. Current Year: 1 Year Ago

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