Question
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Finn Resources Inc. for December 31 of the
Earnings per Share, Price-Earnings Ratio, Dividend Yield
The following information was taken from the financial statements of Finn Resources Inc. for December 31 of the current fiscal year:
Common stock, $25 par value (no change during the year) | $6,250,000 |
Preferred $10 stock, $100 par (no change during the year) | 3,000,000 |
The net income was $850,000 and the declared dividends on the common stock were $80,000 for the current year. The market price of the common stock is $17.6 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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