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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 the current fiscal

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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 the current fiscal year: Common stock, $50 par value (no change during the year) $8,000,000 Preferred $5 stock, $100 par (no change during the year) 2,000,000 The net income was $388,000 and the declared dividends on the common stock were $40,000 for the current year. The market price of the common stock is $15.30 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 b. Price-Earnings Ratio C. Dividends per Share d. Dividend Yield

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