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Evaluate the common stock of Shamrock State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased
Evaluate the common stock of Shamrock State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. B3 (Click the icon to view the financial information.) Enter the formula on the first line, then calculate the pricelearnings ratio (P/E) for both years. (Round all intermediate calculations to three decimal places and the P/E ratios to one decimal place.) + = P/E ratio + times Current year Last year . times Enter the formula on the first line, then calculate dividend yield for both years. (Round the annual dividend per share of common stock to four decimal places and the dividend yield to the nearest hundredth percent, X.XX%.) Dividend yield Current year % + = Last year + = % Enter the formula on the first line, then calculate book value per share of common stock for both years. (Abbreviation used: CS = common stock. Round your answers to two decimal places.) Book value per share of common stock Current year Last year + = Determine whether the common stock has increased or decreased in attractiveness during the past year. The stock's attractiveness during the current year, as shown by the in the pricelearnings ratio and in book but that would be important only to investors who want dividends. Overall, the value per share. The dividend yield common stock looks than it did a year ago. Current year Last year Net income $ 65,100 $ 59,250 Dividends-common .. $ 19,110 $ 19,110 Dividendspreferred $ 10,500 $ 10,500 Total stockholders' equity at year end (includes 78,000 shares of common stock). . .. $ 722,100 $ 589,500 Preferred stock, 6% $ 180,000 $ 180,000 Market price per share of comman $ 12.30 $ 10.00 $
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