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, $10 par value (no change during the year) $3,100,000 Preferred $10 stock, $100 par (no change during the year) 4,000,000 The net income was $1,082,000 and the declared dividends on the common stock were $77,500 for the current year. The market price of the common stock is $16.50 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 yield. If required, round your answers to two decimal places. a. Earnings per Share $ 2.60 x b. Price-Earnings Ratio 8 X c. Dividends per Share $ 0.25 d. Dividend Yield 1.20 X %