The following financial information is available for Plummer Corporation. The weighted-average number of shares of common stock

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The following financial information is available for Plummer Corporation.

The weighted-average number of shares of common stock outstanding was 80,000 for 2013 and 100,000 for 2014.

Instructions
Calculate earnings per share and return on common stockholders€™ equity for 2014 and2013.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Jan 30, 2014 02:37 AM

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The following financial information is available for Plummer Corporation. The weighted-average number of shares of common stock

Question:

2014 2013 Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock $1,200,000 50,000 20,000 290,000 20 $900,000 30,000 20,000 200,000 15

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2014 2013 Earnings per share 29000...View the full answer

Accounting Principles

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