Short Answer
The following financial information was taken from a firm's accounting records on December 31, 2019. Use this information to determine the items below.
Cash dividends of $27,200 were paid on the common stock in 2019. Market price of the common stock on December 31 was $62.
(1.)Rate of return on common stockholders' equity
(2.) Earnings per share of common stock
(3.) Price-earnings ratio
(4.) Yield on common stock
Correct Answer:

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1. 8.9%; 2...View Answer
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