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Five Measures of Solvency or Profitability The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable, 7% Preferred $10 stock, $100 par $1,100,000 152,000 1,432,600 Common stock, $13 par Income before income tax expense was $277,200, and income taxes were $41,600 for the current year. Cash dividends paid on common stock during the current year totaled $55,100. The common stock was selling for $20 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio b. Earnings per share on common stock c. Price-earnings ratio d. Dividends per share of common stock Dividend yield e. times %

Five Measures of Solvency or Profitability The balance sheet for Quigg the at the end of the current flscai year indicated the following: Income before income tax expense was $277,200,and income taxes were $41,600 for the current year. Cash dividends pald on cammon stock during the current yat totaled 555,100 . The common stock was selling for 520 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearost whole cent. Use the rounded answers for subsequent requirements, if required

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