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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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