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Instructions Apple Company's 2022 income statement has the following figures: .Net income = $16,000 .Preferred dividends = $2,000 # of shares of common stock outstanding=20,000

Instructions Apple Company's 2022 income statement has the following figures: .Net income = $16,000 .Preferred dividends = $2,000 # of shares of common stock outstanding=20,000 . . Average common stockholder's equity=($96,000+$89000)/2 Showing using calculations, determine; the rate of return of common stockholder's equity The earnings per share of common stock 12

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