Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021. Mareh 1 Iasues 54,000 additional shares of $1 par value connon atoek for $51 per ahare. May 10 Purchases 4,900 ahares of treasury atock for $54 per ahare. June 1 Declarea a cash dividend of $1.45 per ahare to al1 atockholdera of record on June 15. (Hiat: Dividenda are not pald oa treasury atock.) July 1 Pays the eash dividend declared on June 1. october 21 Resella 2,450 aharea of treasury atoek purehased on May 10 for $59 per ahare. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 45 Record the issuance of 54,000 additional shares of $1 par value common stock for $51 per share. Note: Enter debits before credits. The financial statements of Friendly Fashions include the following selected data (in millions): Required: Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)