2. The balance sheet for Charles Corp. the end of the current fiscal year indicated the following: Bonds pavable, 8% (issued in 2000, due in 2020) $5,000,000 1,000,000 Preferred 10% stock, $100 par Common stock, $8 par 2,000,000 Income before income tax was $1,500,000 and income taxes were $200,000, for the current year. Cash dividends paid on common stock during the current year totaled $150,000. The common stock was selling for $80 per share at the end of the year. Required: Determine each of the following: Number of times interest charges are earned; Earmings per share on common stock; Price-earnings ratio; Dividends per share of common stock; and Dividend yield (1) (2) (3) (4) (5) Round to one decimal place except earnings per share and dividends per share, which two decimal places. be rounded to should 2