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Business, 22.03.2021 17:40 Theresab2021

The following financial information is available for Makoto Corporation. 2020 2019 Average common stockholders' equity $1,600,000 $1,200,000 Dividends paid to common stockholders 50,000 30,000 Dividends paid to preferred stockholders 20,000 20,000 Net income 260,000 182,000 The weighted average number of shares of common stock outstanding was 80,000 for 2019 and 100,000 for 2020. Calculate earnings per share and return on common stockholders' equity for 2020 and 2019. (Round earnings per share to 2 decimal places, e. g. 10.50 and round return on common stockholders' equity to 1 decimal place, e. g. 10.5.)

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The following financial information is available for Makoto Corporation. 2020 2019 Average common st...
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