Key comparative figures for both Krispy Kreme and Tastykake follow:

Required 1. Compute the book value per common share for each company using these data.
2. Compute the basic EPS for each company using these data.
3. Compute the dividend yield for each company using these data. Does the dividend yield of either company characterize it as an income or growth stock? Explain.
4. Compute, compare, and interpret the price-earnings ratio for each company using these data.

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Key Figures Net income (in thousands) Cash dividends declared per common share. Common shares outstanding (in thousands). Market value (price) per share Equity applicable to common shares (in thousands) Krispy Kreme $ 33,478 $ 0.00 55,093 $ 30.41 $273,352 Tastykake $ 2,000* $ 0.48 8,075 $ 9.20 $47,525