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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
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, $45 par value (no change during the year) $11,70 Preferred $8 stock, $100 par (change during the year)3,000,000 The net income was $916,000 and the declared dividends the common stock were $65,000 for the current year. The market price of the common stock is $22.10 per share. For the common stock, determine (a) the eamings 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.
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