Required Information The Foundational 15 [LO15-2, LO15-3, LO15-4, LO15-5, LO15-6] [The following Information applies to the questions displayed below.) Markus Company's common stock sold for $6.50 per share at the end of this year. The company pald a common stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Beginning Balance Balance $ 57,500 $ 50,000 $ 108,000 $ 75,000 $ 83,500 $ 108,000 $ 249,000 $ 233,000 $ 975,000 $1,086,000 $ 97,500 $ 109,500 $ 240,000 $ 216,000 $ 185,000 $ 185,000 $ 735,000 $ 870,000 $ 975,000 $1,086,000 This Year Sales (all on account) $1,275,000 Cost of goods sold $ 739,500 Gross margin $ 535,500 Net operating Income $ 419,250 Interest expense $ 19,500 Net Income $ 279,825 Foundational 15-1 Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share Required information The Foundational 15 [LO15-2, LO15-3, LO15-4, LO15-5, LO15-6] [The following Information applies to the questions displayed below.) Markus Company's common stock sold for $6.50 per share at the end of this year. The company pald a common stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts recevable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Beginning Balance Balance $ 57,500 $ 50,000 $ 108,000 $ 75,000 $ 83,500 $ 108,000 $ 249,000 $ 233,000 $ 975,000 $1,086,000 $ 97,500 $ 109,500 $ 240,000 $ 216,000 $ 185,000 $ 185,000 $ 735,000 $ 870,000 $ 975,000 $1,086,000 This Year Sales (all on account) $1,275,000 Cost of goods sold $ 739,500 Gross margin $ 535,500 Net operating Income $ 419,250 Interest expense $ 19,500 Net Income $ 279,825 Foundational 15-3 3. What is the dividend payout ratio and the dividend yleld ratio? (Do not round Intermediate calculations. Round your answer to the nearest whole percentage place. I.e., 0.1234 should be considered as 12%.) Dividend payout ratio Dividend yield ratio