3.00 points Recent financial statements ior Madison Company follow : Assets Current assets: Madison Company Balance Sheet June 30 Cash $ 21,000 Accounts receivable , net 160,000 Merchandise inventory Prepaid expenses ;300,000 9,000 Total current assets 490 ,000 Plant and equipment , net 810,000 Total assets $1 ,300,000 Liabilities and Stockholders' Equity Liabil ies: Current liabilities $ 200,000 Bonds payable, 10% 300,000 Totalliabil ies 500,000 Stockholders' equ: Common stock, $5 par value $100,000 Retained earnings 700,000 Total stockholders' equity 600,000 Totalliabil ies and stockholders' equ $1 ,300,000 Madison Company Income Statement For the Year Ended June 30 Sales $2,100,000 Cost of goods sold 1,260,000 Gross rna rgin 840,000 Selling and administrative expenses 660,000 Net operating income 180,000 Interest expense 30,000 Net income before taxes 150,000 Income taxes 45,000 Net income $ 105,000 Account balances at the beginning of the company 's fiscal year were : accounts receivable , $140,000 ; and inventory, $260,000. All sales were on account . Assume that Madison Company paid dividends of $3.15 per share during the year . Also assume that the company's common stock had a market price of $63 per share on June 30 and that there was no change in the number of outstanding shares of common stock during the fiscal year . Required: Compute the following : 1. Earnings per share . (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Earnings per share $ 2. Dividend payout ratio. (Round your intermediate calculations to 2 decimal places.Omit the "% " sign in your response.) Dividend payout ratio 3. Dividend yield ratio. (Omit the"%" sign in your response.) Dividend yield ratio 4. Price-earnings ratio. (Round your intermediate calculations to 2 decimal places and final answer to 1decimal place.) Price-earnings ratio