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Need help with this question asap, thank you! Palmer, Inc. had reported the following balances: E: (Click the icon to view the 2018 and 2019
Need help with this question asap, thank you!
Palmer, Inc. had reported the following balances: E: (Click the icon to view the 2018 and 2019 balances.) 11. 12. Compute Palmer's earnings per share for 2019. Compute Palmer's pricelearnings ratio for 2019, assuming the market price is $45 per share. Compute Palmer's rate of return on common stockholders' equity for 2019. 13. 11. Compute Palmer's earnings per share for 2019. Select the formula, then enter the amounts to calculate the company's earnings per share for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round earnings per share to the nearest cent.) = Earnings per share 12. Compute Palmer's pricelearnings ratio for 2019, assuming the market price is $45 per share. Select the formula, then enter the amounts to calculate the company's pricelearnings ratio for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round the ratio to two decimal places.) Price/earnings ratio 13. Compute Palmer's rate of return on common stockholders' equity for 2019. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round your answer to the nearest tenth percent, X.X%.) Rate of return on common SE 3:1 = Data table December 31, 2019 December 31, 2018 $ 86,000 $ 54,000 Net Income Preferred Dividends 13,400 5,000 332,000 318,000 Total Stockholders' Equity Stockholders' Equity attributable to Preferred Stock Number of Common Shares Outstanding 28,000 28,000 11,000 13,000 Print DoneStep by Step Solution
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