eBook Show Me How Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $50 par value (no change during the year) $13,000,000 6,000,000 Preferred $10 stock, $200 par (no change during the year) The net income was $976,000 and the declared dividends on the common stock were $65,000 for the current year. The market price of the common stock is $19.50 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 Feedback 3.75 X 7.0 X 0.25 1.28% Check My Work a. Divide net income minus preferred dividends [Preferred stock = par value) x dividend per preferred share] by common shares outstanding (common stock par value). b. Divide common market share price by common earnings per share (from requirement a). c. Divide common dividends by common shares outstanding (common stock par value). d. Divide common dividends per share (from requirement c) by market share price.

six. 000,060 rotion now