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The following financial information is available for Makoto Corporation Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income
The following financial information is available for Makoto Corporation Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income 2020 $1,600,000 50.000 20,000 260,000 2019 $1.200.000 30,000 20,000 182,000 The weighted average number of shares of common stock outstanding was 80,000 for 2019 and 100,000 for 2020, Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round earnings per share to 2 decimal places, eg, 10.50 and round return on common stockholders' equity to 1 decimal place, eg. 10.5.) 2020 2019 Earnings per share $ $ Return on common stockholders' equity % %
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