Question
Selected financial information about Backpacking Resources, Inc., is as follows: Total assets $25,000,000 Total liabilities $12,500,000 Total preferred stock $4,000,000 Total annual preferred stock dividends
Selected financial information about Backpacking Resources, Inc., is as follows: Total assets $25,000,000 Total liabilities $12,500,000 Total preferred stock $4,000,000 Total annual preferred stock dividends $400,000 Net profits after tax $1,500,000 Number of shares of common stock outstanding 400,000 shares Current market price of common stock $65.00 a share Annual common stock dividends $4.55 a share Using the company's financial information, compute the following:
Dividend yield. Round the answer to two decimal places. ___________ %
Book value per share. Round your answer to the nearest cent. ___________ $ per share
Earnings per share. Round your answer to the nearest cent. _________ $ per share
P/E ratio. Round the answer to two decimal places. ____________ times
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