Solution-Evaluate return on common stockholders equity

Evaluate return on common stockholders equity

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Reference no: EM13522178

On January 1, 2010, Tuscany Corporation purchased 1,000 shares of treasury stock. Other information regarding Tuscany Corporation is provided below.

	2009	2010
Net income	$200,000	$210,000
Dividends on preferred stock	$30,000	$30,000
Dividends on common stock	$20,000	$25,000
Weighted average number of common shares outstanding	10,000	9,000
Common stockholders' equity beginning of year	$600,000	$750,000
Common stockholders' equity end of year	$750,000	$830,000

Compute (a) return on common stockholders' equity for each year and (b) earnings per share for each year, and (c) discuss the changes in each.

Reference no: EM13522178

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Evaluate return on common stockholders equity

Reference no: EM13522178

Reference no: EM13522178

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