Evaluate the common stock of Tristan Distributing Company as an investment. Specifically, use the two common stock ratios to determine whether the common stock became more or less attractive during the past year. (The number of common stock shares was the same in 2017 and 2018.) Round calculations and your final answer to three decimal places.

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2018 2017 Net income... $114,000 $ 70,500 Dividends to common 24,000 28,000 Total stockholders' equity at year-end. 300,000 495,000 . (includes 43,500 shares of common stock) Preferred stock, 5%... Market price per share of common 105,000 105,000 $ 17.25 $ 23.50 stock at year-end