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Selected financial information about Backpacking Resources, Inc., is as follows: Total assets $20,000,000 Total liabilities $8,000,000 Total preferred stock $3,000,000 Total annual preferred stock dividends

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

Total assets $20,000,000
Total liabilities $8,000,000
Total preferred stock $3,000,000
Total annual preferred stock dividends $210,000
Net profits after tax $1,000,000
Number of shares of common stock outstanding 400,000 shares
Current market price of common stock $57.00 a share
Annual common stock dividends $2.28 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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