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MUSIM the stock market During Year 3. Solomon Corporation reported after-tax net income of $3,615,000. During the year, the number of shares of stock outstanding
MUSIM the stock market During Year 3. Solomon Corporation reported after-tax net income of $3,615,000. During the year, the number of shares of stock outstanding remained constant at 9,620 of $100 par, 8 percent preferred stock and 396,000 shares of common stock. The company's total stockholders' equity is $19.700,000 at December 31, Year 3. Solomon Corporation's common stock was selling at $51 per share at the end of its fiscal year All dividends for the year have been paid, including $4,80 per share to common stockholders, Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) c. Compute the price earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yield. (Round your percentage answer to 2 decimal places. (le., 0.2345 should be entered os 23,45).) Earnings per share b Book value per share Pnce-earrings ratio d Dividend yield C mes %
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