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During Year 3, Thornton Corporation reported after-tax net income of $3,560,000. During the year, the number of shares of stock outstanding remained constant at

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During Year 3, Thornton Corporation reported after-tax net income of $3,560,000. During the year, the number of shares of stock outstanding remained constant at 9,560 of $100 par, 9 percent preferred stock and 398,000 shares of common stock. The company's total stockholders' equity is $19,800,000 at December 31, Year 3. Thornton Corporation's common stock was selling at $54 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.60 per share to common stockholders. Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) c. Compute the price-earnings ratio. (Round Intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yield. (Round your answer to 2 decimal places. (l.e., 0.2345 should be entered as 23.45).) a. Eamings per share i b. Book value per share c. Price-eamings ratio d. Dividend yield times

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