This financial information is available for Klinger Corporation.
|
2014 |
2013 |
|
|
Average common stockholders” equity |
$1,800,000 |
$1,900,000 |
|
Dividends paid to common stockholders |
90,000 |
70,000 |
|
Dividends paid to preferred stockholders |
20,000 |
20,000 |
|
Net income |
200,000 |
191,000 |
|
Market price of common stock |
20 |
25 |
The weighted-average number of shares of common stock outstanding was 180,000 for 2013 and 150,000 for 2014.
Instructions
Calculate earnings per share and return on common stockholders’ equity for 2014 and 2013.