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During Year 3 , Thornton Corporation reported after - tax net Income of $ 3 , 5 6 5 , 0 0 0 . During

During Year 3, Thornton Corporation reported after-tax net Income of $3,565,000. During the year, the number of shares of stock outstanding remained constant at 9,980 of $100 par, 9 percent preferred stock and 395,000 shares of common stock. The company's total stockholders' equity is $19,500,000 at December 31, Year 3. Thornton Corporation's common stock was selling at $55 per share at the end of Its fiscal year. All dividends for the year have been pald, Including $4.70 per share to common stockholders.
a. Compute the earnings per share.
Note: Round your answer to 2 decimal places.
b. Compute the book value per share of common stock.
Note: Round your answer to 2 decimal places.
c. Compute the price-earnings ratio.
Note: Round Intermedlate calculations and final answer to 2 decimal places.
d. Compute the dividend yleld.
Note: Round your percentage answer to 2 decimal places (1.e.,0.2345 should be entered as 23.45).
Answer is not complete.
\table[[a. Earnings per share,5,8.958,],[b. Book value per share,,,],[c. Price-arnings ratio,,,times],[d. Dividend yield,,,%
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