Franklin Co. reported the following year-end data: Net income Annual cash dividends of per share Market price per (common) share Earnings per share $224,000 $ 3 $ 120 12 Compute the (a) price-earnings ratio and (b) dividend yield. Complete this question by entering your answers in the tabs below. Price Earnings Dividend Yield Ratio Compute the price-earnings ratio. Choose Numerator: Price-Earnings Ratio / Choose Denominator: / / Price-Earnings Ratio Price-earnings ratio Complete this question by entering your answers in the tabs below. Price Earnings Dividend Yield Ratio Compute the dividend yield. Choose Numerator: Dividend Yield 1 Choose Denominator: / 1 II Dividend Yield Dividend yield %