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Calculate earnings per share and return

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Reference no: EM131758545

The following financial information is available for Plummer Corporation.

2017 2016
Average common stockholders' equity $1,140,000 $870,000
Dividends paid to common stockholders 45,000 29,000
Dividends paid to preferred stockholders 16,000 16,000
Net income 295,000 205,000
Market price of common stock 22 16

The weighted-average number of shares of common stock outstanding was 76,000 for 2016 and 104,000 for 2017.

Calculate earnings per share and return on common stockholders' equity for 2017 and 2016.(Round answers to 2 decimal places, e.g. 10.50% or 10.50.)

Reference no: EM131758545

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