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Custer Corporation reported the following information related to its common stock (par $10) outstanding and net income: Total stockholders equity (no preferred stock) $125,000; Current
Custer Corporation reported the following information related to its common stock (par $10) outstanding and net income: Total stockholders equity (no preferred stock) $125,000; Current market price per share of common stock $40; Dividends declared and paid during 20F $10,000; Balance in the common stock account $40,000; Net Income $35,000; The price earnings ratio and dividend yield ratio is, respectively: A) 4.57 and 6.25% B) 4.26 and 6.77% C) 4.57 and 6.77% D) 4.26 and 6.25%
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