Continued from my previous question

Six Measures ofSolvencyorProfitability

The balance sheet for Bearing Industries Inc. at the end of the current fiscal year indicated the following:

Bonds payable, 6% (issued in 2006, due in 2026)$1,400,000Preferred $5 stock, $100 par312,000Common stock, $13 par785,850

Income before income tax was $302,400, and income taxes were $45,000, for the current year. Cash dividends paid on common stock during the current year totaled $38,688. The common stock was selling for $32 per share at the end of the year.

Determine each of the following. Round answers to one decimal place, except for

a.Number of times bond interest charges are earnedtimesb.Number of times preferred dividends are earnedtimesc.Earnings per share on common stock$d.Price-earnings ratioe.Dividends per shareof common stock$f.Dividend yield