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The following financial statement information is available for Penn Corporation: 20172016 Stockholders' equity - common $350,000 $270,000 784.000 697.000 406.000 377,000 115.000 80.000 48,000 29.000

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The following financial statement information is available for Penn Corporation: 20172016 Stockholders' equity - common $350,000 $270,000 784.000 697.000 406.000 377,000 115.000 80.000 48,000 29.000 14,000 14.000 Net sales Cost of goods sold Net income Inc tax expense Interest expense Dividends paid to preferred stocktholderd to common 15000 24.000 20.0oo 15,000 $10.000 The return on common stockholders equity for 2017 s Dividends paid to common stockholders

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