Income Statement-partial: Net Income $ 2024 10,160 $ 2023 17,000 Dec. 31, 2024 Dec. 31, 2023 Balance Sheet-partial: $ 200,000 $ 250,000 Total Assets Paid-In Capital: Preferred Stock-9%, $6 Par Value; 50,000 shares 24,000 $ 24,000 authorized, 4,000 shares issued and outstanding Common Stock-$3 Par Value; 40,000 shares 60,000 60,000 authorized; 20,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common 26,000 26,000 58,000 50,000 Retained Earnings 168,000 $ 160,000 Total Stockholders' Equity 1. Compute Chapman Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. 2. Compute Chapman Company's price/earnings ratio for 2024. Assume the company's market price per share of common stock is $6. Round to two decimals. 3. Compute Chapman Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent. Requirement 1. Compute Chapman Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) ) = Earnings per share = Requirement 2. Compute Chapman Company's price/earnings ratio for 2024. Assume the company's market price per share of common stock is $6. Round to two decimals. Select the formula, then enter the amounts to calculate the company's price/earnings ratio for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) = Price/earnings ratio = Requirement 3. Compute Chapman Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) ) + ) = Rate of return on common SE %