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Selected financial information about Backpacking Resources, Inc., is as follows: Total assets $50,000,000 Total liabilities $15,000,000 Total preferred stock $3,500,000 Total annual preferred stock dividends

Selected financial information about Backpacking Resources, Inc., is as follows:

Total assets $50,000,000
Total liabilities $15,000,000
Total preferred stock $3,500,000
Total annual preferred stock dividends $245,000
Net profits after tax $2,500,000
Number of shares of common stock outstanding 2,200,000 shares
Current market price of common stock $53.00 a share
Annual common stock dividends $2.65 a share

Using the company's financial information, compute the following:

A. Dividend yield. Round the answer to two decimal places. %

B. Book value per share. Round your answer to the nearest cent. $ per share

C. Earnings per share. Round your answer to the nearest cent. $ per share

D. P/E ratio. Round the answer to two decimal places. times

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