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Earnings per Share Earnings per Share Price Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December

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Earnings per Share Price Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock. $20 par (no change during the year) $10,000,000 Preferred 54 stock. 340 par (no charge during the year) 2.500,000 The net income was $1,750,000 and the dedared dividends on the common stock were $5,125,000 for the current year. The market price of the common stock is $45 per share For the common stock, determine (a) the earrings per share, (b) the price-earnings ratio, (c) the dividends per hare, and (c) the dividend Yield, Round to one decimal place, except for deltar a. Earnings per Share b. Price Earnings Ratio Dividends per Share X d. Dividend Yield X

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