Tucker Company reported these figures for 2014 and 2013: Requirements 1. Compute Tucker Companys earnings per share

Tucker Company reported these figures for 2014 and 2013:

Requirements

1. Compute Tucker Company’s earnings per share for 2014. Assume the company paid the minimum preferred dividend during 2014.

2. Compute Tucker Company’s price/earnings ratio for 2014. Assume the company’s market price per share of common stock is $ 6.

3. Compute Tucker Company’s rate of return on common stockholders’ equity for 2014. Assume the company paid the minimum preferred dividend during2014.

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2014 2013 Income Statement-partial Net Income 20,600 30,000 Balance Sheet-partial: Dec. 31, 2014 s 207,640 Dec. 31,2013 5 208,000 Total Assets Paid-n Capital: Preferred Stock-2%, $8 Par Value 18,000 shares 48,000 authorized, 6,000 shares issued and outstanding Common Stock-$1 Par Value; 40,000 shares authorized, 25,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common 48,000 25,000 25,000 Retained Earnings Total Stockholders Equity 15,000 59,640 147,640 15,000 40,000 128,000