Computing Stockholders Equity Ratios

The following information is provided for ABC Retail Inc.

Shareholders' Equity	Dec. 31
Preferred stock, $50 par *	$4,880,000
Common stock, $1 par **	1,280,000
Paid-in capital in excess of par	320,000
Retained earnings	57,168,000
Total shareholders equity	$63,648,000

* Preferred stock, 6,400,000 shares authorized, 97,600 shares outstanding ** Common stock 1,600,000 shares authorized, 1,280,000 shares outstanding

Additional information
Preferred dividends paid during the year	$384,000
Common dividends paid during the year	2,944,000
Net income for year ended December 31	3,600,000
Average common shareholders equity	56,000,000

Required

Compute the ratios included in the table that follows.

	Ratio	Numerator		Denominator		Result
	a. Book value per share of common stock	Answer		Answer	=
	b. Payout ratio	Answer		Answer	=
	c. Return on equity ratio	Answer		Answer	=