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Requirement: 1) Evaluate the common stock of evolution distributing company as an investment. Specifically use the three common stock ratios to determine whether the common
Requirement:
2016. 2015
Net income $114,000. $70,500
Dividends to common. $15,000. $15,000
Total stockholders equity $300,000. $515,000
at year end (includes 43,500 shares of common stock)
Preferred stock, 5% $105,000. $105,000
Market price per share $23.50. $17.25
Of common stock at year end
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