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2. The following information is available for Schanna Company: Market price per share of common stock Diluted Earnings per share of common stock Dividends per

2. The following information is available for Schanna Company: Market price per share of common stock Diluted Earnings per share of common stock Dividends per share of common stock S38.75 S133 S.Q.55 Calculate: a. Price-earnings ratio b. Dividend payout ratio, c. Dividend yield d. TorF The price/earnings ratio is a measure to assess future earning ability of a firm. (If false, identify and correct the error)

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