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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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