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Sherlock Inc. had a net income of $186,000 for the year ended October 31,2023 . The company has 3,000,$2 cumulative, preferred shares issued and outstanding,
Sherlock Inc. had a net income of $186,000 for the year ended October 31,2023 . The company has 3,000,$2 cumulative, preferred shares issued and outstanding, and 53,100 common shares outstanding for the entire year. During the year, Sherlock paid out $32,600 in dividends. Market price per sha was $11.80. Calculate earnings per share and price-earnings ratio. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. Earnings per share =$ Price-Earnings Ratio =
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