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Determine Earnings per share, price-earnings ratio, dividend yield The following information was taken from the financial statements of Tolbert Inc. as of December 31 of

Determine

Earnings per share, price-earnings ratio, dividend yield


The following information was taken from the financial statements of Tolbert Inc. as of December 31 of this fiscal year:

Common stock, $30 par value (no change during the year)$4,800,000
$4 Preferred Stock, $200 at par (no change during the year)4,000,000

Net income was $560,000 and declared dividends on common stock were $40,000 for the current year. The market price of the common stock is $21.00 per share.

For common stocks, determine (a) earnings per share, (b) price-earnings ratio, (c) dividends per share, and (d) dividend yield. If necessary, round your answers to two decimal places.

to. earnings per shareps
b. rate of profit over price
C. Dividends per shareps
d. dividend yield%

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