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ebook Printem Five Measures of Solvency or Profitat ty The balance sheet for Quigo Inc. at the end of the current fiscal year indicated the

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ebook Printem Five Measures of Solvency or Profitat ty The balance sheet for Quigo Inc. at the end of the current fiscal year indicated the following: Bonds payable, 10% $1,600,000 Preferred 55 stock, 550 par 285,000 Common stock, $10 par 514,000 Income before income tax expense was $540,000, and income taxes were $96,600 for the current yeat Cash dividends paid on comenon stock during the current year to aind S169,884. The common stock was selling for $110 per stare at the end of the year. Determine each of the following, Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cont. Use the rounded answers for subsequent requirements, if required. a. Times interest wamed rabo times b. Earnings per share on common stock c. Price-eamingstatio d. Dividends per Shrof common stock e. Dividendid The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable, 10% $1,600,000 Preferred $5 stock, $50 par 286,000 Common stock, $10 par 514,800 Income before income tax expense was $640,000, and income taxes were $96,600 for the current year. Cash dividends paid on comm common stock was selling for $110 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded for subsequent requirements, if required. a. Times interest earned ratio times b. Earnings per share on common stock c. Price-earnings ratio d. Dividends per share of common stock e. Dividend yield %

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