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  1. business
  2. accounting
  3. earnings per share, price-earnings ratio, dividend

Earnings per Share, Price-Earnings Ratio, Dividend YieldThe following information was taken from the financial statements...

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Accounting

Earnings per Share, Price-Earnings Ratio, Dividend YieldThe following information was taken from the financial statements of Zeil Inc. for December 31 of the current fiscal year:Common stock, $15 par value (no change during the year)Preferred $8 stock, $100 par (no change during the year)$3,450,0003,000,000The net income was $562,000 and the declared dividends on the common stock were $57,500 for the current year. The market price of the common stock is $10.50 per share.For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. If required, round your answers to two decimal places.a. Earnings per Shareb. Price-Earnings Ratioc. Dividends per Shared. Dividend Yieldx %
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