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The following financial information is available for Crane Corporation. 2022 2021 Average common stockholders' equity $1,150,000 $855,000 Dividends paid to common stockholders 54,500 29.500
The following financial information is available for Crane Corporation. 2022 2021 Average common stockholders' equity $1,150,000 $855,000 Dividends paid to common stockholders 54,500 29.500 Dividends paid to preferred stockholders 16,000 16,000 Net income 280,000 190,000 Market price of common stock 20 17 The weighted-average number of shares of common stock outstanding was 80,000 for 2021 and 110,000 for 2022. Calculate earnings per share and return on common stockholders' equity for 2022 and 2021. (Round answers to 2 decimal places, eg. 10.50% or 10.50) Earnings per share Return on common stockholders' equity 2022 23 2021 20
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