17.12

Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Zeil Inc. for December 31 of the current fiscal year: Common stock, $30 par value (no change during the year) $9,600,000 Preferred $8 stock, $200 par (no change during the year) 8,000,000 The net income was $1,024,000 and the declared dividends on the common stock were $80,000 for the current year. The market price of the common stock is $10.70 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (c) the dividend yield. If required, round your answers to two decimal places. a. Earnings per Share b. Price-Earnings Ratio c. Dividends per Share d. Dividend Yield