Five measures of solvency or profitabilityThe balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following:Bonds payable, $8\%$$$5,000,0002,500,000$Preferred $$4$ stock, $$50$ parCommon stock, $$10$ par$5,000,000$Income before income tax expense was $$3,000,000,$ and income taxes were $$1,200,000$ for the current year. Cash dividends paid on common stock during the current 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 cent. Use the rounded answers for subsequent requirements, if required.a$.$ Times interest earned ratioI timesb. Earnings per share on common stockc. Price$-$earnings ratiod. Dividends per share of common stocke. Dividend yeild$\%$