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For the year ended December 31, Pharoah Industrial's weighted average number of common shares was 1,458,000 shares and the shares were trading at $26.0 per
For the year ended December 31, Pharoah Industrial's weighted average number of common shares was 1,458,000 shares and the shares were trading at $26.0 per share on the Toronto Stock Exchange on December 31. Pharoah's net income was $4,519,800 for the year. The company declared and paid total dividends of $437,400 at a rate of $0.30 per share. There are no preferred shares outstanding. Calculate the following ratios: (Round basic earnings per share and dividend yield to 2 decimal places, e.g. 1.53 or 1.53% and all other answers to 1 decimal place, e.g. 15.3 or 15.3%.) (a) Basic earnings per share $ (b) Price-earnings ratio times (c) Payout ratio % (d) Dividend yield %
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