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Business, 26.03.2020 22:41, starwars77
Exercise 14-15 The following financial information is available for Plummer Corporation. 2017 2016 Average common stockholders’ equity $1,190,000 $881,000 Dividends paid to common stockholders 52,000 34,500 Dividends paid to preferred stockholders 24,500 24,500 Net income 285,000 200,000 Market price of common stock 22 17 The weighted-average number of shares of common stock outstanding was 79,000 for 2016 and 106,000 for 2017. Calculate earnings per share and return on common stockholders’ equity for 2017 and 2016. (Round answers to 2 decimal places, e. g. 10.50% or 10.50.)
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Exercise 14-15 The following financial information is available for Plummer Corporation. 2017 2016 A...
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