Earings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial...
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Earings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $20 par value (no change during the year) $2,800,000 Preferred $4 stock, $100 par (no change during the year) 2,000,000 The net income was $332,000 and the declared dividends on the common stock were $35,000 for the current year. The market price of the common stock is $14.40 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (a) the dividend yield. It required, round your answers to two decimal places a. Earnings per Share 2.01 X b. Price-Earnings Ratio c. Dividends per Share 7.16 X d. Dividend Yield % Fedha

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