On January 1, 2017, Vahsholtz Corporation purchased 5,000 shares of treasury stock. Other information regarding Vahsholtz Corporation is provided as follows.

Compute
(a) Return on common stockholders' equity for each year and
(b) Earnings per share for each year, and
(c) Discuss the changes in each.

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2016 2017 Net income Dividends on preferred stock Dividends on common stoclk Weighted-average number of common shares outstanding Common stockholders' equity beginning of year Common stockholders' equity end of year $100,000 $110,000 $30,000 $30,000 $20,000 $25,000 45,000 $600,000 $750,000 $750,000 $830,000 0,0004