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, $40 par value (no change during the year)	$10,800,000
Preferred $8 stock, $100 par (no change during the year)	4,000,000

The net income was $968,000 and the declared dividends on the common stock were $67,500 for the current year. The market price of the common stock is $18.00 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 yield. If required, round your answers to two decimal places.

a. Earnings per Share	$fill in the blank 1
b. Price-Earnings Ratio	fill in the blank 2
c. Dividends per Share	0.25
d. Dividend Yield	fill in the blank 4	%