The following financial information is available   2010 2011 Average common stock equity 1,190,000 881,000 dividends paid to common sockholders 52,000 34,500 dividens paid to preffered stock holders 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 2010 and 106,000 for 2011 calculate earnings per share and return on common stockholders equity for 2010 and 2011   2010 2011 Earnings per share     return on common stochholders equity % %

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
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Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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Chapter12: Investing In Stocks And Bonds
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Problem 4FPE: The Castle Company recently reported net profits after taxes of $15.8 million. It has 2.5 million...
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The following financial information is available

  2010 2011
Average common stock equity 1,190,000 881,000
dividends paid to common sockholders 52,000 34,500
dividens paid to preffered stock holders 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 2010 and 106,000 for 2011

calculate earnings per share and return on common stockholders equity for 2010 and 2011

  2010 2011
Earnings per share    
return on common stochholders equity % %
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