Brief Exercise $9-5($Algo$)$ Ratio analysis LO $9-5$

During Year $4,$ Racing Limited reported net income after taxes of $$969,000.$ During the year, the number of shares of stock outstanding remained constant at $5,380$ shares of $$50$ par, $6$ percent preferred stock and $43,800$ shares of common stock. The company's total liabilities and stockholders' equity on December $31,$ Year $4,$ was $$1,495,000,$ which included $$488,000$ of liabilities. The common stock was selling for $$60$ per share at the end of the year. All dividends for the year was declared and paid, including $$2\mathrm{.}95$ per share to common stockholders.

Required:

Compute the following.

a$.$ Earnings per share

b$.$ Book value per share

c$.$ Price$-$earnings ratio

d$.$ Dividend yield

Note: Do not round intermediate calculations. Round earnings per share and book value per share to $2$ decimal places. Round price$-$earnings ratio and dividend yield percentage to $1$ decimal place.

$\backslash$table$[[$a$.$ Earnings per share,,$],[$b$.$ Book value per share of common stock,,$],[$c$.$ Price$-$earnings ratio,,times$],[$d$.$ Dividend yield,,$\%$