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the following information pertains to Montague Corporation: Net Income = $1,500,000 Average Common Equity = $18,000,000 Preferred Dividends = $250,000 Average Common Shares Outstanding =

the following information pertains to Montague Corporation:

Net Income = $1,500,000 Average Common Equity = $18,000,000 Preferred Dividends = $250,000 Average Common Shares Outstanding = $600,000

Calculate the return on common equity And the earnings per share (round to 2 places)

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