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Assume that Gerrard Construction Co. had 4,800,000 shares of $1 par value common stock outstanding throughout 2022, and that the market price per share of

Assume that Gerrard Construction Co. had 4,800,000 shares of $1 par value common stock outstanding throughout 2022, and that the market price per share of common stock at December 31, 2022, was $57.50. Calculate the following profitability measures for the year ended December 31, 2022: (1) Earnings per share of common stock. (2) Price/earnings ratio. (3) Dividend yield. (4) Dividend payout ratio. image text in transcribed
For the Year Ended December 31, 2022: Retained Famings \begin{tabular}{l|l} \hline & 67,800beginningbalance21,900netincome \\ Dividends 1,500 & \\ \hline 1,500 & 89,700 \\ \hline & 88,200 ending balance \end{tabular}

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