Determine for the current year the rate earned on total

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Determine for the current year the rate earned on total assets, rate earned on stockholders' equity, rate earned on common stockholders' equity, earnings per share on common stock, price-earnings ratio on common stock, and dividend yield on common stock. the current market price per share of common stock is $25.

  • Current Year Preceding Year
  • Current assets 745000 820000
  • Property Plant and Equipment 1510000 1400000
  • Current Liabilities 160000 140000
  • Long term liabilities (12%) 400000 400000
  • Preferred 10% stock 250000 250000
  • Common Stock $25 par 1200000 1200000
  • Retained Earnings:
  • Beginning of year 240000 160000
  • Net Income for year 95000 155000
  • Preferred dividends declared (25000) (25000)
  • Common dividends declared (70000) (60000)

 

Reference no: EM13582261

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