P 9-3 The following information was in the annual report of Rover Company:Earnings per share $ 1.12 $ 1.20 $ 1.27 Cash dividends per share (common) $ 0.90 $ 0.85 $ 0.82 Market price per share $ 12.80 $ 14.00 $ 16.30 Total common dividends $ 21,700,000 $ 19,500,000 $ 18,360,000 Shares outstanding, end of year 24,280,000 23,100,000 22,500,000 Total assets $1,280,100,000 $1,267,200,000 $1,260,400,000 Total liabilities $ 800,400,000 $ 808,500,000 $ 799,200,000 Nonredeemable preferred stock $ 15,300,000 $ 15,300,000 $ 15,300,000 Preferred dividends $ 910,000 $ 910,000 $ 910,000 Net income $ 31,200,000 $ 30,600,000 $ 29,800,000 (continued) CHAPTER 9 For the Investor 377 9781285276106, Financial Reporting and Analysis, Charles H. Gibson - Cengage Learning. All rights reserved. No distribution allowed without express authorization. Distributed by Grand Canyon University. Required a. Based on these data, compute the following for 2011, 2010, and 2009: 1. Percentage of earnings retained 2. Price/earnings ratio 3. Dividend payout 4. Dividend yield 5. Book value per share b. Discuss your findings from the viewpoint of a potential investor