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Problem 5 - 15 Points This financial information is available for Klinger Corporation. Average common...

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Accounting

Problem 5 - 15 Points
This financial information is available for Klinger Corporation.
Average common stockholders' equity
Dividends paid to common stockholders
Dividends paid to preferred stockholders
Net income
Market price of common stock
2014
$1,600,000
90,000
20,000
260,000
20
The weighted-average number of shares of common stock outstanding was 160,000 for 2014.
Instructions
Calculate earnings per share and return on common stockholders' equity for 2014.
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Problem 5-15 Points This financial information is available for Klinger Corporation. 2014 Average common stockholders' equity Dividends paid to common stockholders Dividends paid to preferred stockholders Net income Market price of common stock $1,600,000 90,000 20,000 260,000 20 The weighted-average number of shares of common stock outstanding was 160,000 for 2014. Instructions Calculate earnings per share and return on common stockholders' equity for 2014

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