This financial information is available for Klinger Corporation. 2017 2016 Average common stockholders' equity $1,800,000...
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Accounting
This financial information is available for Klinger Corporation. 2017 2016 Average common stockholders' equity $1,800,000 $1,900,000 Dividends paid to common stockholders 90,000 70,000 Dividends paid to preferred stockholders 20,000 20,000 Net income 200,000 191,000 Market price of common stock 20 25 The weighted average number of shares of common stock outstanding was 180,000 for 2016 and 150,000 for 2017. Instructions: Calculate EPS and return on common stockholders' equity for 2017 and 2016
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