1. Mayan Company had net income of $34,830. The weighted-average common shares outstanding were 8,600. The company has no preferred stock. The company's earnings per share is:

Multiple Choice

• $4.11.

• $3.99.

• $5.00.

• $1.17.

• $4.05.

2. A company has net income of $875,000; its weighted-average common shares outstanding are 175,000. Its dividend per share is $1.20, its market price per share is $103, and its book value per share is $98.50. Its price-earnings ratio equals:

Multiple Choice

• 4.50.

• 20.60.

• 19.70.

• 3.30.

• 5.70.

3. A company paid $0.56 in cash dividends per share. Its earnings per share is $4.28 and its market price per share is $29.00. Its dividend yield equals:

Multiple Choice

• 14.76%.

• 1.93%.

• 13.08%.

• 7.64%.

• 5.18%.