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Medina Company reported these figures for 2018 and 2017: LOADING Click the icon to view the figures. ) Read the requirements LOADING Requirement 1. Compute Medina 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 Requirement 2. Compute Medina Company 's price/earnings ratio for 2018. Assume the company 's market price per share of common stock is $8. Round to two decimals. Select the formula, then enter the amounts to calculate the company's price/earnings ratio for 2018. (Abbreviations used Ave. = average. OS = outstanding, SE = stockholders' equity, shrs = shares.) Price/earnings ratio Requirement 3. Compute Medina 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. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2018. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) Rate of return on common SE % 12/4/2020 Data Table 2018 2017 Income Statement-partial: Net Income $ 26,340 $ 17,000 Dec. 31, 2018 Dec. 31, 2017 Balance Sheet-partial: Total Assets $ 280,000 $ 270,000 Paid-In Capital: Preferred Stock-6%, $8 Par Value; 70,000 shares $ 64,000 $ 64,000 authorized, 8,000 shares issued and outstanding Common Stock-$3 Par Value; 65,000 shares 135,000 135,000 authorized; 45,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common 26,000 26,000 Retained Earnings 54,500 32,000 Total Stockholders' Equity $ 279,500 $ 257,000