Recent financial statements for Madison Company follow: ...

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Accounting

Recent financial statements for Madison Company follow:

Madison Company Balance Sheet December 31
Assets
Current assets:
Cash $ 42,600
Accounts receivable, net 304,000
Merchandise inventory 327,000
Prepaid expenses 41,400
Total current assets 715,000
Plant and equipment, net 1,530,000
Total assets $ 2,245,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities $ 380,000
Bonds payable, 10% 570,000
Total liabilities 950,000
Stockholders equity:
Common stock, $5 par value $ 280,000
Retained earnings 1,015,000
Total stockholders equity 1,295,000
Total liabilities and stockholders' equity $ 2,245,000

Madison Company Income Statement For the Year Ended December 31
Sales $ 2,280,000
Cost of goods sold 1,368,000
Gross margin 912,000
Selling and administrative expenses 693,100
Net operating income 218,900
Interest expense 39,000
Net income before taxes 179,900
Income taxes (40%) 71,960
Net income $ 107,940

Madison Company paid dividends of $3.33 per share during the year. The company's common stock had a market price of $72 per share on December 31. Assets at the beginning of the year totaled $1,885,800 and stockholders' equity totaled $1,191,400.

Required:
Compute the following:

a.

Earnings per share of common stock. (Round your answer to 2 decimal places.)

Earnings per share of common stock $

b. Dividend payout ratio. (Round intermediate calculations to 2 decimal places. Round your final answer to 2 decimal places.)

Dividend payout ratio %

c. Dividend yield ratio. (Round your answer to 2 decimal places.)

Dividend yield ratio %

d. Price-earnings ratio. (Round intermediate calculations to 2 decimal places. Round your final answer to 1 decimal place.)

Price-earnings ratio

e. Return on total assets. (Round your answer to 2 decimal places.)

Return on total assets %

f. Return on common stockholders' equity. (Round your answer to 1 decimal place.)

Return on common stockholders' equity %

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