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Name: 2/11/2019 Problem: Earnings Per Share (EPs) & Return on Equity (ROE) The following financial information is available for CDB Corporation 2016 2015 2014 Owners'
Name: 2/11/2019 Problem: Earnings Per Share (EPs) & Return on Equity (ROE) The following financial information is available for CDB Corporation 2016 2015 2014 Owners' Equity $800,000 $700,000 $300,000 Dividends paid to common stockholders 90,000 60,000 30,000 Dividends paid to preferred stockholders 45,000 40,000 35,000 250,000 191,000 175,000 Net income The weighted average number of shares of common stock outstanding was 60,000 for 2016 and 50,000 for 2015 and 40,000 for 2014. Instructions Calculate earnings per share and return on common stockholders' equity for all three years.. Solution 14
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