Tolman, Inc had reported the tollowing balances (Click the con to view the 2018 and 2019 balances) 11. Compute Tolman's earnings per share for 2019. 12. Compute Tolman's price eamings ratio tor 2019, assuming the market price is $35 per share 13. Compute Tolman's rate of return on common stockholders' equity tor 2019 i Data Table Net income Preferred dividends ) / Ave. # common shrs OS Earnings per share :$6.55 = 84,000 18,500 10,000 December 31, 2019 December 31, 2018 84,000 $ Net Income Preferred DiMdends Total Stockholders Equity Slockholders' Equity attributable to Preferred Stock Number of Common Shares Outstanding 68,000 5,500 314,000 32,000 11,000 12. Compute Tolman's priceveanings ratio tor 2019, assuming the market price is $36 per share 13,500 350,000 32,000 9,000 Select the formula, then enter the amounts to calculate the company's price earnings ratio for 2019 Abbreviations used. Ave Market price per share 36 Earnings per share 6.55 Pnceeamngs ratio 550 13. Compute Tolman's rate of retun on common stockholders' equity tor 2019 Print Done Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2019 nearest tenth percent, XX%) Net income - | Preferred dividends ! ) , | Ave common SE | = Rate or return on common SE 04000 18500