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Show all work. Mihok Corporation has provided the following financial data: Stockholders equity: Year 2 Year 1 Common stock, $3 par value . . .

Show all work.

Mihok Corporation has provided the following financial data:

Stockholders equity: Year 2 Year 1

Common stock, $3 par value . . . . . . . . . . . . . . . ..$300,000 $300,000

Additional paid-in capitalcommon stock . . . . . . ..100,000 100,000

Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . .375,000 370,000

Total stockholders equity . . . . . . . . . . . . . . . . . . . .$775,000 $770,000

Income Statement For the Year Ended December 31, Year 2

Sales . . . . . . . . . . . . . . . . . . . . . . . . . . $1,380,000

Cost of goods sold . . . . . . . . . . . . . . . . . . .780,000

Gross margin . . . . . . . . . . . . . . . . . . . . . .600,000

Operating expenses . . . . . . . . . . . . . . . . . .567,714

Net operating income . . . . . . . . . . . . . . . .. .32,286

Interest expense . . . . . . . . . . . . . . . . . . . . . 18,000

Net income before taxes . . . . . . . . . . . . . . ..14,286

Income taxes (30%) . . . . . . . . . . . . . . . . . . 4,286

Net income . . . . . . . . . . . . . . . . . . . . . . . .$10,000

Dividends on common stock during Year 2 totaled $5,000. The market price of common stock at the end of Year 2 was $0.97 per share.

Required:

A.What is the companys earnings per share for Year 2?

B.What is the companys price-earnings ratio for Year 2?

C.What is the companys dividend payout ratio for Year 2?

What is the companys dividend yield ratio for Year 2?E. What is the companys book value per share at the end of Year 2?

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