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Recent financial statements for Madison Company follow:

Madison Company Balance Sheet December 31
Assets
Current assets:
Cash				$	25,800
Accounts receivable, net					192,000
Merchandise inventory					306,000
Prepaid expenses					16,200
Total current assets					540,000
Plant and equipment, net					970,000
Total assets				$	1,510,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities				$	240,000
Bonds payable, 10%					360,000
Total liabilities					600,000
Stockholders equity:
Common stock, $5 par value	$	140,000
Retained earnings		770,000
Total stockholders equity					910,000
Total liabilities and stockholders' equity				$	1,510,000

Madison Company Income Statement For the Year Ended December 31
Sales	$	2,140,000
Cost of goods sold		1,284,000
Gross margin		856,000
Selling and administrative expenses		650,600
Net operating income		205,400
Interest expense		32,000
Net income before taxes		173,400
Income taxes (40%)		69,360
Net income	$	104,040

Madison Company paid dividends of $3.19 per share during the year. The company's common stock had a market price of $65 per share on December 31. Assets at the beginning of the year totaled $1,268,400 and stockholders' equity totaled $837,200.

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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