A company reports the following: Net income    $738,000 Preferred dividends    $42,000 Shares of common stock outstanding    80,000 Market price per share of common stock    $77.43 a.  Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of

A company has net income of $500000, 150000 shares of common stock outstanding, and stock price is currently trading at $41.00 per share. What is the price-earning ratio? Round to two places past the decimal point. Your Answer: Answer

Question-based on,  "calculate earnings".   I have got the red outline box incorrect with 1.24.   Thanks for the help.

Common Stockholders' Profitability Analysis A company reports the following: Net income $275,000 Preferred dividends 11,000 Average stockholders' equity 1,978,417 Average common stockholders' equity 1,281,553 Determine (a) the return on stockholders’ equity and (b) the return on common stockholders’ equity. If required, round your answers to one decimal place. a.  Return on Stockholders' Equity fill in the blank 1 % b.  Return on Common Stockholders’ Equity fill in the blank 2 %