The following information was taken from the financial statements of Royer Medical Inc. for December 31 of the current fiscal year:

The net income was \(\$ 450,000\), and the declared dividends on the common stock were \(\$ 75,000\) for the current year. The market price of the common stock is \(\$ 20\) 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 to one decimal place except earnings per share, which should be rounded to two decimal places.objs. 2, 3

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Common stock, $5 par value (no change during the year) Preferred $5 stock, $50 par (no change during the year) $1,500,000 450,000