Exercise 9-12 Ratio analysis LO 9-5 During 2018, Vernon Corporation reported after-tax net income of $3,585,000. During the year, the number of shares of stock outstanding remained constant at 9,980 of $100 par, 10 percent preferred stock and 399,000 shares of common stock. The company's total stockholders' equity is $19,900,000 at December 31, 2018. Vernon Corporation's common stock was selling at $54 per share at the end of its fiscal year. All diividends for the year have been paid, including $4.70 per share to common stockholders. Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) c. Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yield. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).) a. Earnings per share b. Book value per share Price-earnings ratio times C. d. Dividend yield