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Problems Module 4 Tertbook Problem 9 Learning Objective: 4.5 Calculate fatios for sssessing a company's position in the stock market During Vear 3, Rocoey Corporation

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Problems Module 4 Tertbook Problem 9 Learning Objective: 4.5 Calculate fatios for sssessing a company's position in the stock market During Vear 3, Rocoey Corporation reported aftertax net income of 53,640,000. During the year, the number of shares of stock outstanding remalned constant at 9,950 of $100 pat, 9 petcent preferred stock and 395,000 shares of common stock. The company/s total stockholders' equity is $19.800,000 at December 31 , Year 3 . Pooney Corporation's convmon stock was selling at 551 per share at. the end of its fiscalyear. All dividends tor the year have been paid, including $4.70 per share to common stockholders Mequired *. Compule the eamings per shave (Round your anawer to 2 decimal places.) b. Compute the book value per shace of common stock. (Round your answer to 2 decimal places.) c. Compute the price earnings rabo. (Pound intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yleld. (Round your percentage answer to 2 decimal places. (1.e., 0.23 .45 should he entered as 23.453 )

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