Evaluate the common stock of McKnight State Bank as an investment. Specifically, use the three stock ratios
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Current year Last year $ 80,400 $ 21,580 $ 47,200 $ 21,580 $ 14,000 $639,150 Net income. Dividends-common. Dividends-preferred.. Total stockholders' equity at year end (includes 83,000 shares of common stock).. Preferred stock, 6%. $ 14,000 $809,300 $220,000 $ 20.00 $220,000 24 8.00 Market price per share of common..
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