Question: Exercise 14-16 This financial information is available for Crane Corporation. 2020 Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders

Exercise 14-16 This financial information is available for Crane Corporation. 2020 Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock $1,780,000 90,500 19,500 294,500 2019 $1,900,000 68,000 19,500 240,500 23 The weighted average number of shares of common stock outstanding was 175,500 for 2019 and 146,500 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round answers to 2 decimal places, e.g. 10.50% or $10.50.) 2020 2019 Earnings per share Return on common stockholders' equity
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