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Five Measures of Solvency or Profitability The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable,

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Five Measures of Solvency or Profitability
The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following:
Bonds payable, 7%
Preferred $10 stock, $100 par
Common stock, $7 par
$1,300,000
105,000
47,775
year totaled $38,220. The common stock was selling for $140 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 nearest whole
cent. Use the rounded answers 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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