Question 20:

Mihok Corporation has provided the following financial data:

Year 2Year 1Stockholders' equity:Common stock, $3 par value$300,000$300,000Additional paid-in capitalcommon stock100,000100,000Retained earnings375,000 370,000Total stockholders' equity$775,000 $770,000

Income Statement

for the Year Ended December 31, Year 2Sales$1,380,000Cost of goods sold780,000Gross margin600,000Operating expenses567,714Net operating income32,286Interest expense18,000Net income before taxes14,286Income taxes (30%)4,286Net 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.

Required:

1. What is the company's earnings per share for Year 2?
2. What is the company's price-earnings ratio for Year 2?
3. What is the company's dividend payout ratio for Year 2?
4. What is the company's dividend yield ratio for Year 2?
5. What is the company's book value per share at the end of Year 2?