Question: make sure the answers are correct 2 steps Cullo Company reported these figures for 2024 and 2023 m (Click the icon to view the figures)
make sure the answers are correct 2 steps

Cullo Company reported these figures for 2024 and 2023 m (Click the icon to view the figures) Read the menta Requirement 1. Compute Guillo Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cont Select the formula, then enter the amounts to calculate the company's carings per share for 2024 (Abbreviations used Ave, average OS outstanding, SE= stockholders equity shra = shares Earnings per share Income Statement-partial: $ 18,900 $ 24,000 Net Income Dec. 31, 2024 Dec. 31, 2023 Balance Sheet-partial: $ CA 285,000 $ 200.000 $ 90,000 $ 90,000 Total Assets Paid-In Capital Preferred Stock-11%, $9 Par Value: 60,000 shares authorized, 10,000 shares issued and outstanding Common Stock-$1 Par Value: 45,000 shares authorized 30 000 shares issued and outstanding Paid-In Capital in Excess of Par--Common Retained Earnings 30.000 30,000 14.000 51 000 14.000 42.000 Total Stockholders' Equity $ 185.000 $ 176.000 1. Compute Gullo Company's earnings per share for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. 2. Compute Gullo Company's pricelearnings ratio for 2024. Assume the company's market price per share of common stock is $9. Round to two decimals. 3. Compute Gullo Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent
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