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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 Cost of
Earnings per Share The following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share.) 2016 Sales revenue Cost of goods sold Net income Dividends Earnings per share $210,000 125,000 8,800 3,100 4.40 (Thousands of Dollars) Assets Cash Accounts receivable (net) Inventory Dec. 31, 2016 Dec. 31, 2015 $18,300 46,000 39,500 103,800 52,600 15,600 $172,000 $18,000 41,000 43,700 102,700 50,500 13,800 $167,000 Total current assets Plant assets (net) Other assets Total assets Liabilities and Stockholders' Equity Notes payable-banks Accounts payable Accrued liabilities $6,000 22,500 16,500 45,000 40,000 85,000 50,000 37,000 87,000 $172,000 $6,000 18,700 21,000 45,700 40,000 85,700 50,000 31,300 81,300 $167,000 Total current liabilities 9% Bonds payable Total liabilities Common stock, $25 par value (2,000,000 shares) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity If the company's most recent price per share of common stock is $62.25, what is the company's price-earnings ratio and dividend vield? Round answers to one decimal place. Price-earnings ratio 0 Dividend yield Check
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