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The Following Data Are Taken from the Financial Statements  Preferred dividends declared 25,00025,000 Common dividends declared 70,00060,000\begin{array}{lll}\text { Preferred dividends declared } & 25,000 & 25,000 \\\text { Common dividends declared } & 70,000 & 60,000\end{array}

Question 161

Essay

The following data are taken from the financial statements:
 Current assets Property, plant, and equipment Current liabilities non-interest-bearing Long-term liabilities, 12% Preferred 10% stock Common stock, $25 par Retained earnings, beginning of year Net income for year Current  Preceding  Year  Year $745,000$820,0001,510,0001,400,000160,000140,000400,000400,000250,000250,0001,200,0001,200,000230,000160,000110,000155,000\begin{array}{l}\begin{array}{lll}\\\\\text { Current assets}\\\text { Property, plant, and equipment}\\\text { Current liabilities}\\\text { non-interest-bearing}\\\text { Long-term liabilities, 12\%}\\\text { Preferred 10\% stock}\\\text { Common stock, \$25 par}\\\text { Retained earnings,}\\\text { beginning of year}\\\text { Net income for year}\\\end{array}\begin{array}{cc}\underline {\text { Current }}&\underline {\text { Preceding }}\\\underline {\text { Year }}&\underline {\text { Year }}\\\$ 745,000 & \$ 820,000 \\1,510,000 & 1,400,000 \\& \\160,000 & 140,000 \\400,000 & 400,000 \\250,000 & 250,000 \\1,200,000 & 1,200,000 \\\\230,000 & 160,000 \\110,000 & 155,000 \\\end{array}\end{array}
 Preferred dividends declared 25,00025,000 Common dividends declared 70,00060,000\begin{array}{lll}\text { Preferred dividends declared } & 25,000 & 25,000 \\\text { Common dividends declared } & 70,000 & 60,000\end{array}
Determine for the current year the a rate earned on total assets,b rate earned on stockholders' equity,c rate e common stockholders' equity,d earnings per share on common stock,e price-earnings ratio on common stock,and yield on common stock.The current market price per share of common stock is $25.
Round percentage values to one decimal place,dollar values to two decimal places,and other ratios to one decimal

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