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Lundberg Corporation's most recent balance sheet and income statement appear below: Lundberg Corporation Statement of Financial Position December 31, 2012 and 2011 (in thousands of
Lundberg Corporation's most recent balance sheet and income statement appear below: Lundberg Corporation Statement of Financial Position December 31, 2012 and 2011 (in thousands of dollars) 2012 2011 Assets: Current assets: Cash $ 100 $ 110 Accounts receivable 210 220 Inventory 110 120 Prepaid expenses 10 10 Total current assets 430 460 Plant and equipment, net 900 880 Total Assets: $ 1,330 $ 1,340 Liabilities and Stockholders' Equity: Current liabilities: Accounts payable $ 160 $ 170 Accrued liabilities 50 50 Notes payable, short term 100 90 Total current liabilities 310 310 Bonds payable 190 240 Total Liabilities: 500 550 Stockholders' Equity: Preferred stock, $100 par value, 10% 200 200 Common stock, $1 par value 100 100 Additional paid-in capital--common stock 110 110 Retained earnings 420 380 Total Stockholders' Equity: 830 790 Total Liabilities and Stockholders' Equity: $ 1,330 $ 1,340 Lundberg Corporation Income Statement for the year ended December 31, 2012 (in thousands of dollars) Sales (all on account) $ 1,330 Cost of goods sold 850 Gross margin 480 Selling and administrative expense 292 Net operating income 188 Interest expense 31 Net income before taxes 157 Income taxes (30%) 47 Net income $ 110 Other Facts: Dividends on common stock during 2012 totaled $50 thousand. Dividends on preferred stock totaled $20 thousand. The market price of common stock at the end of 2012 was $9.36 per share. I am trying to figure out earnings per share, price earnings ratio, dividend payout ratio, and dividend yield ratio. Can you explain to me also how I would figure out the earnings per share? Thank you
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