Essay
Debutiaco Corporation's most recent balance sheet and income statement appear below: 
Dividends on common stock during Year 2 totaled $20 thousand.Dividends on preferred
stock totaled $10 thousand.The market price of common stock at the end of Year 2 was $12.00 per share.
Required:
Compute the following for Year 2:
a.Earnings per share (of common stock).
b.Price-earnings ratio.
c.Dividend payout ratio.
d.Dividend yield ratio.
e.Return on total assets.
f.Return on common stockholders' equity.
g.Book value per share.
Correct Answer:
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a.Number of common shares outstanding = ...View Answer
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