Earnings per share, price-earnings ratio, dividend yield Obj. 5 The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year:

Common stock, $20 par (no change during the year) $10,000,000 Preferred $4 stock, $40 par (no change during the year) 2,500,000 The net income was $1,750,000 and the declared dividends on the common stock were

$1,125,000 for the current year. The market price of the common stock is $45 per share.

For the common stock, determine

(a) the earnings per share,

(b) the price-earnings ratio,

(c) the dividends per share, and

(d) the dividend yield. Round ratios and percentages to one decimal place, except for per-share amounts.

AppendixLO1