Data for Shamrock State Bank follow: Evaluate the common stock of Shamrock State Bank as an investment.
Question:
Evaluate the common stock of Shamrock State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the pastyear.
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2015 2014 Net Income Dividends Common Dividends Preferred Total Stockholders' Equity at Year-End 61000 52,000 26,000 12,600 26,000 12,600 (includes 80,000 shares of common stock) Preferred Stock, 6% Market Price per Share of Common Stock 760,000 610,000 210,000 19.50 14.00 210,000
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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