Question
During Year 3, Jordan Corporation reported after-tax net income of $3,565,000. During the year, the number of shares of stock outstanding remained constant at 9,580
During Year 3, Jordan Corporation reported after-tax net income of $3,565,000. During the year, the number of shares of stock outstanding remained constant at 9,580 of $100 par, 9 percent preferred stock and 397,000 shares of common stock. The companys total stockholders equity is $19,900,000 at December 31, Year 3. Jordan Corporations 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 stockholders.
- Compute the earnings per share.
Note: Round your answer to 2 decimal places.
- Compute the book value per share of common stock.
Note: Round your answer to 2 decimal places.
- Compute the price-earnings ratio.
Note: Round intermediate calculations and final answer to 2 decimal places.
- Compute the dividend yield.
Note: Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered as 23.45).
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