i Data Table 2018 2017 Income Statement-partial: 6,720 $ 16,000 Net Income Dec. 31, 2018 Dec. 31, 2017 Balance Sheet-partial: 230,000 $ 245,000 $ 72,000 $ 72,000 Total Assets Paid-In Capital: Preferred Stock-1%, $12 Par Value; 55,000 shares authorizek, 6,000 shares issued and outstanding Common Stock-$2 Par Value; 55,000 shares authorized; 30,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Retained Earnings 60,000 60,000 12,000 36,000 180,000 $ 12,000 30,000 174,000 Total Stockholders' Equity Done Carpenter Company reported these figures for 2018 and 2017: (Click the icon to view the figures.) Read the requirements Requirement 1. Compute Carpenter Company's earnings per share for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to th Select the formula, then enter the amounts to calculate the company's earnings per share for 2018. (Abbreviations used: Ave. - average, OS - outstanding. SE : - Preferred dividends ) Ave #common shrs OS = Earnings per share Be Ave.common SE Ave. # common shrs OS Sel Average total assets Net income Preferred dividends ter Company's pricelearnings ratio for 2018. Assume the company's market price per share of common stock is $5. Round to two amounts to calculate the company's price/earnings ratio for 2018. (Abbreviations used: Ave. = average, OS = outstanding. Sest = Price/earnings ratio Requirement 3. Compute Carpenter Company's rate of return on common stockholders' equity for 2018. Assume the company paid the minimum preferred dividend Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2018. (Abbreviations used: Ave, average, - Rate of return on common SE Choose from any list or enter any number in the input fields and then continue to the next question. i Requirements 1. Compute Carpenter Company's earnings per share for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to the nearest cent. 2. Compute Carpenter Company's price/earnings ratio for 2018. Assume the company's market price per share of common stock is $5. Round to two decimals. 3. Compute Carpenter Company's rate of return on common stockholders' equity for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to the nearest whole percent. Print Done