Question: Exercise 14-15 x Your answer is incorrect. Try again. The following financial information is available for Plummer Corporation. Average common stockholders' equity Dividends paid to

 Exercise 14-15 x Your answer is incorrect. Try again. The following

Exercise 14-15 x Your answer is incorrect. Try again. The following financial information is available for Plummer Corporation. Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock 2017 $1,120,000 51,000 22,500 295,000 19 2016 $875,000 34,500 22,500 190,000 17 The weighted-average number of shares of common stock outstanding was 75,000 for 2016 and 105,000 for 2017. Calculate earnings per share and return on common stockholders' equity for 2017 and 2016. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) 2017 2016 Earnings per share 2.80 3.90 X X Return on common stockholders' equity 26.30% 33.70%

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