e Ch. 11 Homework (Graded) Question 1 of 3 > -/1 View Policies Current Attempt in Progress Bramble Corp. decided to issue common stock and used the $414,500 proceeds to redeem all of its outstanding bonds on January 1, 2022. The following information is available for company for 2022 and 2021. Net income Dividends declared for preferred stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities 2022 $ 183,500 8,900 1.266.000 1.534.000 199.000 268,000 2021 $ 147,500 8,900 724,000 1.147.000 199,000 423,000 (a) Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, e.g. 12.5%.) 2022 2021 Return on common stockholders' equity ratio 94 96 (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, e.g. 12.5%.) 2022 2021 Debt to assets ratio % % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Ch. 11 Homework (Graded) Question 3 of 3 - / 1 Current Attempt in Progress The stockholders' equity section of Ayayai Corp's balance sheet at December 31 is presented here. AYAYAI CORP Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 12,200 shares authorized 7.300 shares issued and outstanding Common stock, no par. 724.000 shares authorized, 554.000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (6,500 common shares) Total stockholders' equity $759.200 2.770.000 3,529,200 1.177.000 4,706,200 35.000 $4,671.200 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? Common stock outstanding shares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock $ per share (c) What is the par value of the preferred stock? The par value of the preferred stock $ per share (d) If the annual dividend on preferred stock is $45,552, what is the dividend rate on preferred stock? The dividend rate % (e) If dividends of $73,500 were in arrears on preferred stock, what would be the balance reported for retained earnings? The Retained Earnings balance $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit