Question
This financial information is available for Sheridan Corporation. 2022 2021 Average common stockholders' equity $1,850,000 $2,080,000 Dividends paid to common stockholders 86,500 70,000 Dividends
This financial information is available for Sheridan Corporation. 2022 2021 Average common stockholders' equity $1,850,000 $2,080,000 Dividends paid to common stockholders 86,500 70,000 Dividends paid to preferred stockholders 21,500 21,500 Net income 294,500 243,000 Market price of common stock 22 25 The weighted-average number of shares of common stock outstanding was 184,500 for 2021 and 150,500 for 2022. Calculate earnings per share and return on common stockholders' equity for 2022 and 2021. (Round answers to 2 decimal places, e.g. 10.50% or $10.50.) Earnings per share Return on common stockholders' equity eTextbook and Media 2022 % 2021 %
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