chapter 9 # 2

Exercise 9-12A (Algo) Ratio analysis LO 9.5 During Year 3, Rundle Corporation reported ofter-tax net income of $3,610,000. During the yeat, the number of shares of stock outstanding remained constant at 9,520 of $100 par, 9 percent preferred stock and 396,000 shares of common stock. The company's total stockholders' equity is $19,500,000 at December 31, Year 3. Rundle Corporation's common stock was selling at $52 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockhoiders. Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) c. Compute the price-eamings ratio. (Round intermediate calculations andfinal answer to 2 decimal places.) d. Compute the dividend yleld. (Round your percentage answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45 ).)