Five Measures of Solvency or Profitability The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following: Bonds payable, 8% Preferred $4 stock, $50 par Common stock, $10 par Income before income tax was $3,000,000, and income taxes were $1,200,000 for the current year. Cash dividends paid on comm year totaled $1,200,000. The common stock was selling for $32 per share at the end of the year. Determine each of the following. Round to one decimal place, except for dollar amounts which should be rounded to the nearest whole answers for subsequent requirements, if required. a. Times interest earned ratio b. Earnings per share on common stock c. Price-earnings ratio d. Dividends per shar of common stock e. Dividend yield $5,000,000 2,500,000 5,000,000 e rounde 8.5 times