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Mihok Corporation has provided the following financial data: Year 2Year 1 Stockholders' equity: Common stock, $3 par value $300,000 $300,000 Additional paid-in capitalcommon stock 100,000

Mihok Corporation has provided the following financial data:

Year 2Year 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 income32,286

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.

  • What is the company's earnings per share for Year 2?
    • $10,000/Number of stock at $3 = .
  • What is the company's price-earnings ratio for Year 2?
    • .97 divided by .10 =
  • What is the company's dividend payout ratio for Year 2?
    • 5000/100,000 = .05/.10 =
  • What is the company's dividend yield ratio for Year 2?
    • .05/9.7 =
  • What is the company's book value per share at the end of Year 2?
    • 775,000/100,000 =

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