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For 2020, the annual earnings for North Carolina Furniture Company were $9,200,000. The corporation has 6,464,800 shares of common stock outstanding and pays an annual

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For 2020, the annual earnings for North Carolina Furniture Company were $9,200,000. The corporation has 6,464,800 shares of common stock outstanding and pays an annual dividend of $1.17 per share. The closing price for a share of common stock was $40 last night. Calculate the following. (Round all answers to two decimal places if necessary.) 1. Current yield: 0 % 5 2. Earnings per share: 3. Price-earnings (PE) ratio

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