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Exercise 9-12 Ratio analysis LO 9-5 During 2014, Desny Corporation reported after-tax net income of...

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Accounting

Exercise 9-12 Ratio analysis LO 9-5 During 2014, Desny Corporation reported after-tax net income of $3,610,000. During the year, the number of shares of stock outstanding remained constant at 9,840 of $100 par, 9 percent preferred stock and 395,000 shares of common stock. The companys total stockholders equity is $19,700,000 at December 31, 2014. Desny Corporations common stock was selling at $51 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.50 per share to common stockholders. Required

a. Compute the earnings per share. (Round your answer to 2 decimal places.)

b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.)

c. Compute the price-earnings ratio. (Round intermediate calculations and answer to 2 decimal places.)

d. Compute the dividend yield. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).)

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