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Mihok Corporation has provided the following financial data: Year 2 Year 1 Stockholders' equity: Common stock, $3 par value $300,000 $300,000 Additional paid-in capitalcommon stock

Mihok Corporation has provided the following financial data:

Year 2 Year 1
Stockholders' equity:
Common stock, $3 par value $300,000 $300,000
Additional paid-in capitalcommon stock 100,000 100,000
Retained earnings 375,000 370,000
Total stockholders' equity $775,000 $770,000

Income Statement for the Year Ended December 31, Year 2
Sales $1,380,000
Cost of goods sold 780,000
Gross margin 600,000
Operating expenses 567,714
Net operating income 32,286
Interest expense 18,000
Net income before taxes 14,286
Income taxes (30%) 4,286
Net income $10,000

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:

  1. What is the companys earnings per share for Year 2?
  2. What is the companys price-earnings ratio for Year 2?
  3. What is the companys dividend payout ratio for Year 2?
  4. What is the companys dividend yield ratio for Year 2?
  5. What is the companys book value per share at the end of Year 2?

please show working for each

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