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Mihok Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,000. The market price of common stock at the
Mihok Corporation has provided the following financial data:
Dividends on common stock during Year 2 totaled $5,000. The market price of common stock at the end of Year 2 was $0.97 per share.
Required:
- What is the company's earnings per share for Year 2?
- What is the company's price-earnings ratio for Year 2?
- What is the company's dividend payout ratio for Year 2?
- What is the company's dividend yield ratio for Year 2?
- What is the company's book value per share at the end of Year 2?
Stockholders' equity: Common stock, $3 par value Additional paid-in capital-common stock Retained earnings Total stockholders' equity Year 2 Year 1 $300,000 $300,000 100,000 100,000 375,000 370,000 $775,000 $770,000
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