Five Measures of Solvency or Profitability The balance sheet for Bearing Industries Inc. at the end of the current fiscal year indicated the following: Bonds payable, 10% $800,000 Preferred $10 stock, $50 par 49,500 Common stock, $11 par 95,287.5 Income before income tax was $216,000, and income taxes were $32,850, for the current year. Cash dividends paid on common sto during the current year totaled $41,580. The common stock was selling for $240 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 to the neau whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio 3.7 times b. Earnings per share on common stock C. Price-earnings ratio 20 d. Dividends per share of common stock e. Dividend yield %