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I need help on 17-20 The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock

I need help on 17-20

The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $63 on December 31, 20Y8.

AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement For the Years Ended December 31, 20Y8 and 20Y7
20Y8 20Y7
Sales $1,596,510 $1,470,910
Cost of goods sold (592,760) (545,340)
Gross profit $1,003,750 $925,570
Selling expenses $(311,430) $(396,210)
Administrative expenses (265,300) (232,700)
Total operating expenses (576,730) (628,910)
Operating income $427,020 $296,660
Other revenue and expense:
Other revenue 22,480 18,940
Other expense (interest) (104,000) (57,600)
Income before income tax $345,500 $258,000
Income tax expense (41,500) (31,400)
Net income $304,000 $226,600

AUTOMOTIVE SOLUTIONS INC. Comparative Statement of Stockholders' Equity For the Years Ended December 31, 20Y8 and 20Y7
20Y8 20Y7
Preferred Stock Common Stock Retained Earnings Preferred Stock Common Stock Retained Earnings
Balances, Jan. 1 $260,000 $300,000 $1,303,050 $260,000 $300,000 $1,106,550
Net income 304,000 226,600
Dividends:
Preferred stock (9,100) (9,100)
Common stock (21,000) (21,000)
Balances, Dec. 31 $260,000 $300,000 $1,576,950 $260,000 $300,000 $1,303,050

AUTOMOTIVE SOLUTIONS INC. Comparative Balance Sheet December 31, 20Y8 and 20Y7
Dec. 31, 20Y8 Dec. 31, 20Y7
Assets
Current assets:
Cash $285,050 $351,570
Temporary investments 431,420 582,610
Accounts receivable (net) 306,600 284,700
Inventories 233,600 175,200
Prepaid expenses 53,922 70,310
Total current assets $1,310,592 $1,464,390
Long-term investments 1,105,918 820,282
Property, plant, and equipment (net) 1,430,000 1,287,000
Total assets $3,846,510 $3,571,672
Liabilities
Current liabilities $409,560 $988,622
Long-term liabilities:
Mortgage note payable, 8%, due in 15 years $580,000 $0
Bonds payable, 8%, due in 20 years 720,000 720,000
Total long-term liabilities $1,300,000 $720,000
Total liabilities $1,709,560 $1,708,622
Stockholders' Equity
Preferred $0.70 stock, $20 par $260,000 $260,000
Common stock, $10 par 300,000 300,000
Retained earnings 1,576,950 1,303,050
Total stockholders' equity $2,136,950 $1,863,050
Total liabilities and stockholders' equity $3,846,510 $3,571,672

Instructions:

Determine the following measures for 20Y8.

Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year.

17. Earnings per share on common stock $fill in the blank 17
18. Price-earnings ratio fill in the blank 18
19. Dividends per share of common stock $fill in the blank 19
20. Dividend yield fill in the blank 20 %

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