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Calculating key financial ratios Selected financial information about Backpacking Resources, Inc., is as follows: Total assets $25,000,000 Total liabilities $10,000,000 Total preferred stock $2,000,000 Total

Calculating key financial ratios

Selected financial information about Backpacking Resources, Inc., is as follows:

Total assets $25,000,000
Total liabilities $10,000,000
Total preferred stock $2,000,000
Total annual preferred stock dividends $180,000
Net profits after tax $1,000,000
Number of shares of common stock outstanding 1,000,000 shares
Current market price of common stock $48.00 a share
Annual common stock dividends $2.40 a share

Using the company's financial information, compute the following:

Dividend yield. Round the answer to two decimal places. %

Book value per share. Round your answer to the nearest cent. $ per share

Earnings per share. Round your answer to the nearest cent. $ per share

P/E ratio. Round the answer to two decimal places. times

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