Evaluate the common stock of Mumford State Bank as an investment. Specifically, use the three stock ratios
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Current year Last year $ 57,500 $ 22,575 Net income. Dividends-common.. $ 68,250 $ 22,575 Dividends-preferred. Total stockholders' equity at year-end (includes 86,000 shares of common stock). Preferred stock (6%)... $ 14,500 $ 14,500 $ 852,800 $ 642,100 $ 225,000 $ 225,000 24 12.50 Market price per share of common stock 18.80 24
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