financeFor each case below, find the missing amount.
$$
\begin{array}{l c c c}
& \textbf{ Case I } & \textbf{ Case II } & \textbf{ Case III } \\
\text{ Beginning inventory of finished goods } & ? & \$ 12,000 & \$ 7,000 \\
\text{ Cost of goods manufactured during period } & \$ 419,000 & \$ 95,000 & ? \\
\text{ Ending inventory of finished goods } & 98,000 & 8,000 & 21,000 \\
\text{ Cost of goods sold } & 405,000 & ? & 304,000 \\
\end{array}
$$ financeThis financial information is available for Klinger Corporation.
$$
\begin{array}{lrr}
&\textbf{\underline{~~2017~~}}&\textbf{\underline{~~2016~~}}\\
\text{Average common stockholders' equity}&\$1,800,000&\$1,900,000\\
\text{Dividends paid to common stockholders}&90,000&70,000\\
\text{Dividends paid to preferred stockholders}&20,000&20,000\\
\text{Net income}&200,000&191,000\\
\text{Market price of common stock}&20&25\\
\end{array}
$$
The weighted-average number of shares of common stock outstanding was 180,000 for 2016 and 150,000 for 2017.
***Instructions***
Calculate earnings per share and return on common stockholders’ equity for 2017 and 2016.