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Franklin Company reported the following year-end data: Net income $224,000 Annual cash dividends per share 3 Market price per (common) share 120 Earnings per share

Franklin Company reported the following year-end data: Net income $224,000 Annual cash dividends per share 3 Market price per (common) share 120 Earnings per share 12 Compute the (a) price-earnings ratio and (b) dividend yield.

Compute the price-earnings ratio. Compute the dividend yield

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