Calculate the payout ratio, earnings per share, and return on common stockholders' equity. Note: Use the common shares
outstanding on January and December to determine the average shares outstanding.Round answers to decimal places,
eg
Payout ratio
Earnings per share
$
Return on common stockholders' equity
The stockholders' equity accounts of Blue Spruce Corp. on January were as follows.
During the corporation had the following transactions and events pertaining to its stockholders' equity.
Feb. Issued shares of common stock for $
Mar. Purchased additional shares of common treasury stock at $ per share.
Oct. Declared a cash dividend on preferred stock, payable November
Nov. Paid the dividend declared on October
Dec. Declared a $ per share cash dividend to common stockholders of record on December payable December
Dec. Determined that net income for the year was $ Paid the dividend declared on December
