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Consumer Mathematics Stock yield, earnings per share, and price-earnings ratio 1/3 For 2023, the annual earnings for North Carolina Furniture Company were $4,800,000. The
Consumer Mathematics Stock yield, earnings per share, and price-earnings ratio 1/3 For 2023, the annual earnings for North Carolina Furniture Company were $4,800,000. The corporation has 2,467,200 shares of common stock outstanding and pays an annual dividend of $0.52 per share. The closing price for a share of common stock was $22 last night. Calculate the following. (Round all answers to two decimal places if necessary.) 1. Current yield: 2. Earnings per share: 3. Price-earnings (PE) ratio: % $
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