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Earnings per share, price-earnings ratio, dividend yield Use financial statement analysis to assess the profitability of a business. The following information was taken from the

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Earnings per share, price-earnings ratio, dividend yield Use financial statement analysis to assess the profitability of a business. The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $20 par (no change during the year) Preferred $4 stock, $40 par (no change during the year) $10,000,000, 2, 500,000 The net income was $1, 750,000 and the declared dividends on the common stock were $1, 125,000 for the current year. The market price of the common stock is $45 per share. For the common stock, determine the earnings per share, the price-earnings ratio, the dividends per share, and the dividend yield. Round to one decimal place, except earnings per share, which should be rounded to two decimal places

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