Question

Fowler Company reported these figures for 2016 and 2015:
Requirements
1. Compute Fowler Company’s earnings per share for 2016. Assume the company paid the minimum preferred dividend during 2016.
2. Compute Fowler Company’s price/earnings ratio for 2016. Assume the company’s market price per share of common stock is $5.
3. Compute Fowler Company’s rate of return on common stockholders’ equity for 2016. Assume the company paid the minimum preferred dividend during 2016.


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  • CreatedJune 15, 2015
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