Homework Answers
Earning per share = (net income - preferred dividend)/weighted average outstanding common shares
2020 = (294500-19500)/146500
= $1.88 per share
2019 = (240500-19500)/175500
= $1.26 per share
Return on common stockholders equity = (net income - preferred dividend)/ average common stockholders equity
2020 = (294500-19500)/1780000 = 15.45%
2019 = (240500-19500)/1900000 = 11.63%
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