From the following data, determine for the current year the (a) earnings per share on...
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Accounting
From the following data, determine for the current year the (a) earnings per share on common stock, (b) price-earnings ratio on common stock, and (c) dividend yield on common stock. Assume that the current market price per share of common stock is $25. (Present key figures used in your computations.) Round percentage values to one decimal place, dollar values to two decimal places, and other ratios to one decimal place Current Precedin Current assets Property, plant, and equipment Current liabilities 785,000 1,450,000 Year $ 820,000 1,400,000 175,000 402,000 300,000 1,200,000 140,000 400,000 250,000 1,200,000 (non-interest-bearing) Long-term liabilities, 12% Preferred 10% stock Common stock, $25 par Retained earnings: Beginning of year Net income for year Preferred dividends declared Common dividends declared 230,000 110,000 (30,000) (96,000) 160,000 155,000 (25,000) (60,000)

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