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Evaluate return on common stockholders equity

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Reference no: EM13522178

On January 1, 2010, Tuscany Corporation purchased 1,000 shares of treasury stock. Other information regarding Tuscany Corporation is provided below.

2009

2010

Net income

$200,000

$210,000

Dividends on preferred stock

$30,000

$30,000

Dividends on common stock

$20,000

$25,000

Weighted average number of common shares outstanding

10,000

9,000

Common stockholders' equity beginning of year

$600,000

$750,000

Common stockholders' equity end of year

$750,000

$830,000

Compute (a) return on common stockholders' equity for each year and (b) earnings per share for each year, and (c) discuss the changes in each.

Reference no: EM13522178

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