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During Year 4. Racing Limited reported net income after taxes of $965.000. During the year, the number of shares of stock outstanding remained constant at

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During Year 4. Racing Limited reported net income after taxes of $965.000. During the year, the number of shares of stock outstanding remained constant at 5,300 shares of $50 par, 6 percent preferred stock and 43,000 shares of common stock. The company's total wabilites and stockholder' equity on December 31, Year 4, was $1,475,000, which included $480,000 of liablities. The common stock was seling for $60 per share at the end of the year. Ali dividends for the year was deciared and paid, including $275 per share to common stockholders. Required: Compute the following a. Earnings per share b. Book value per share c. Price earnings ratio d. Dividend yield Note: Do not round intermediate colculations. Round earnings per shore ond book volue per share to 2 decimal ploces. Round price-earnings ratio ond dividend yield percentoge to 1 decimal place

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