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For 2021, the annual earnings for Patterson's Manufacturing were 3,400,000. The corporation has 3,343,000 shares of common stock outstanding and pays an annual dividend of

For 2021, the annual earnings for Patterson's Manufacturing were 3,400,000. The corporation has 3,343,000 shares of common stock outstanding and pays an annual dividend of $.69 per share. The closing price for a share of common stock was $25 last night. Calculate the following. (Round all answers to two decimal places if necessary.) 1. Current yield: 2. Earnings per share: 3. Price-earnings (PE) ratio:

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