The Stockholders Equity section of the balance sheet of Jordan
The Stockholders’ Equity section of the balance sheet of Jordan Corporation is as follows:


Net income for the year is $ 123,000. Stockholders’ equity was $ 879,000 at the beginning of the year. The present market price of the stock is $ 44 per share. Determine the following, rounding to two decimal places:
a. Equity per share
b. Rate of return on common stockholders’ equity.
c. Earnings per share
d. Price-earningsratio
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