The following financial information is available for Plummer Corporation. 2017 2016 Average comman stockholders equity $1,110,000...
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The following financial information is available for Plummer Corporation. 2017 2016 Average comman stockholders equity $1,110,000 $853,000 Dividends paid to common stockholders 50,000 31,500 Dividends paid to preferred stockholders 15,500 15,500 Net income 280,000 205,000 Market price of comman stock 22 16 The weighted-average number of shares of common stock outstanding was 79,000 for 2016 and 100,000 for 2017. Calculate earnings per share and return on common stockholders' equity for 2017 and 2016. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) 2017 2016 Earnings per share Return on common stockholders' equity The following financial information is available for Plummer Corporation. 2017 2016 Average comman stockholders equity $1,110,000 $853,000 Dividends paid to common stockholders 50,000 31,500 Dividends paid to preferred stockholders 15,500 15,500 Net income 280,000 205,000 Market price of comman stock 22 16 The weighted-average number of shares of common stock outstanding was 79,000 for 2016 and 100,000 for 2017. Calculate earnings per share and return on common stockholders' equity for 2017 and 2016. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) 2017 2016 Earnings per share Return on common stockholders' equity
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