The Stockholders’ Equity section of the balance sheet of the Pavel Corporation is as follows:

Net income for the year is $125,000. Stockholders’ equity was $880,000 at the beginning of the year. The present market price of the stock is $44 per share.
The number of oustanding shares did not change during the year. Determine the following items, rounding to one decimal place:

a. Equity per share

b. Earnings per share of common stock

c. Price-earnings ratio

d. Rate of return on common stockholders’ equity

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Stockholders' Equity Paid-in Capital: Common Stock, $5 par (100,000 shares authorized, 80,000 shares issued and outstanding) Premium on Common Stock Total Paid-in Capital Retained Earnings Total Stockholders' Equity $ 400 000 00 140000 00 $ 5400 00 00 290000 00 S 830000 00