Evaluate the common stock of McKnight 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 past year.

Transcribed Image Text:

Current year Last year $ 80,400 $ 21,580 $ 47,200 $ 21,580 $ 14,000 $639,150 Net income. Dividends-common. Dividends-preferred.. Total stockholders' equity at year end (includes 83,000 shares of common stock).. Preferred stock, 6%. $ 14,000 $809,300 $220,000 $ 20.00 $220,000 24 8.00 Market price per share of common..