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Westland, Inc. had reported the following balances: (Click the icon to view the 2018 and 2019 balances.) 11. Compute Westland's earnings per share for 2019.
Westland, Inc. had reported the following balances: (Click the icon to view the 2018 and 2019 balances.) 11. Compute Westland's earnings per share for 2019. 12. Compute Westland's price/earnings ratio for 2019, assuming the market price is $46 per share. 13. Compute Westland's rate of return on common stockholders' equity for 2019. 11. Compute Westland's earnings per share for 2019 Select the formula, then enter the amounts to calculate the company's earnings per share for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round earnings per share to the nearest cent.) = Earnings per share = 12. Compute Westland's pricelearnings ratio for 2019, assuming the market price is $46 per share. Select the formula, then enter the amounts to calculate the company's pricelearnings ratio for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round the ratio to two decimal places.) Price/earnings ratio 13. Compute Westland's rate of return on common stockholders' equity for 2019. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2019. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares. Round your answer to the nearest tenth percent, X.X%.) Rate of return on common SE % Data Table x December 31, 2019 December 31, 2018 Net Income $ 80,000 $ 55,000 2,000 4,000 320,000 Choose Preferred Dividends Total Stockholders' Equity Stockholders' Equity attributable to Preferred Stock Number of Common Shares Outstanding 332,000 30,000 16,000 30,000 8,000
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