This financial information is available for Hoyle Corporation. The weighted-average number of shares of common stock outstanding

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This financial information is available for Hoyle Corporation.

The weighted-average number of shares of common stock outstanding was 180,000 for 2009 and 150,000 for 2010.InstructionsCalculate earnings per share and return on common stockholders' equity for 2010 and2009.

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 13, 2011 08:58 AM

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This financial information is available for Hoyle Corporation. The weighted-average number of shares of common stock outstanding

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2010 2009 Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock $1,800,000 90,000 $1,900,000 70,000 20,000 248,000 25 290,000 20

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