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Please answer All questions 1.) A company reports the following: Net income $170,000 Preferred dividends 6,800...

Please answer All questions

1.) A company reports the following:

Net income $170,000
Preferred dividends 6,800
Average stockholders' equity 1,231,884
Average common stockholders' equity 816,000

Determine (a) the the return on stockholders’ equity and (b) the return on common stockholders’ equity. If required, round your percentages to one decimal place.

a. The rate earned on stockholders' equity %
b. The rate earned on common stockholders' equity %

2.) A company reports the following:

Net income $248,000
Preferred dividends $14,000
Shares of common stock outstanding 15,000
Market price per share of common stock $104.52

a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required.
$

b. Determine the company's price-earnings ratio. Round to one decimal place.

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Question - 1 2 Net Income 3 Preferred Dividends 4 Average stockholders equity 5 Average common stockholders equity $170,000

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