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, $20 par value (no change during the year) Preferred $8 stock, $200 par (no change during the year) The net income was $890,000 and the declared dividends on the common stock were $62,500 for the current year. The market price of the common stock is $20.80 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 $5,000,000 6,000,000 2.6 8 0.125