Read the Requirements

1.) Compute Gullo Company's earnings per share for 2018. Assume the company paid the minimum preferred during 2018. Round to the nearest cent.

2.) Compute Gullo Company's price/earnings ratio for 2018. Assume the company's market price per share of common stock is $9. Round to two decimals.

3.) Compute Gullo 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.

Gullo Company reported these figures for 2018 and 2017 (Click the icon to view the figures.) Read the requirements. Requirement 1. Compute Gullo Company's earnings per share for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to the nearest cent. Select the formula, then enter the amounts to calculate the company's earnings per share for 2018. (Abbreviations used: Ave.average, Os outstanding, SE = stockholders' equity, shrs-shares.) Earnings per share Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Check