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Earnings per Share The following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share.) 2016 Sales revenue $210,000 Cost

Earnings per Share The following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share.)

2016
Sales revenue $210,000
Cost of goods sold 125,000
Net income 9,300
Dividends 3,600
Earnings per share 4.65

Hi-Tech Instruments, Inc. Balance Sheet

(Thousands of Dollars)

Dec. 31, 2016 Dec. 31, 2015
Assets
Cash $18,300 $18,000
Accounts receivable (net) 46,000 41,000
Inventory 39,500 43,700
Total current assets 103,800 102,700
Plant assets (net) 52,600 50,500
Other assets 15,600 13,800
Total assets $172,000 $167,000
Liabilities and Stockholders' Equity
Notes payable-banks $6,000 $6,000
Accounts payable 22,500 18,700
Accrued liabilities 16,500 21,000
Total current liabilities 45,000 45,700
9% Bonds payable 40,000 40,000
Total liabilities 85,000 85,700
Common stock, $25 par value (2,000,000 shares) 50,000 50,000
Retained earnings 37,000 31,300
Total stockholders' equity 87,000 81,300
Total liabilities and stockholders' equity $172,000 $167,000

If the companys most recent price per share of common stock is $62.25, what is the companys price-earnings ratio and dividend yield?

Round answers to one decimal place.

Price-earnings ratio

Answer

Dividend yield

Answer

%

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