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Earnings per Share Price-Earings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current

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Earnings per Share Price-Earings 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, $10 par value (no change during the year) $3,000,000 Preferred $10 stock, $200 par (no change during the year) 8,000,000 The net income was $1,000,000 and the declared dividends on the common stock were $75,000 for the current year. The market price of the common stock is $15.00 per share For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend vield. It required, round your answers to two decimal places a. Earnings per Share b. Price-Earnings Ratio c. Dividends per Share d. Dividend Yield Price-Earnings Ratio; Dividend Yield The table that follows shows the stock price, earnings per share, and dividends per share for three companies for a recent year: Earnings Dividends Price per Share per Share Jones Co. $37.80 $1.20 $1.21 Smith Co. 259.72 4.30 5.19 Tucker Co. 62.58 4.20 2.25 a. Determine the price earnings ratio and dividend yield for the three companies. Round to one decimal place. If an amount should be zero, enter in 0% Price-Earnings Ratio Dividend Yield Jones Co. % Smith Co. 95 Tucker Co 96

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