Data for Oxford State Bank follow: Evaluate the common stock of Oxford State Bank as an investment.
Question:
Evaluate the common stock of Oxford 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. Round to two decimal places.
Transcribed Image Text:
2018 2017 Net Income $ 71,900 22,000 16,800 $ 64,300 22,000 16,800 Dividends-Common Dividends-Preferred Total Stockholders' Equity at Year-End (includes 95,000 shares of 770,000 200,000 common stock) Preferred Stock Market Price per Share of Common Stock 610,000 200,000 $ 16.50 $ 10.00
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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