During 2019, Roper Corporation reported net income after taxes of $1,200,000. During the year, the number of

Question:

During 2019, Roper reported net income after taxes of $1,200,000. During the year, the number of shares of stock outstanding remained constant at 20,000 shares of $100 par, 8 percent preferred stock and 200,000 shares of common stock. The company's total equities at December 31, 2019, were $3,500,000, which included $640,000 of liabilities. The was selling for $40 per share at the end of the year. All dividends for the year were declared and paid, including $3.60 per share to common stockholders.
Required
Compute the following and round computations to two decimal points.
a. Earnings per share
b. Book value per share
c. Price-earnings ratio
d. yield
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Corporation
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