Six metrics

The balance sheet for Shryer Industries Inc. at the end of 20Y9 indicated the following:

Bonds payable, 5% (due in 30 years)	$ 8,000,000
Preferred $4 stock, $75 par	15,000,000
Common stock, $7 par	3,500,000

Income before income tax was $3,400,000, and income taxes were $1,000,000 for the current year. Cash dividends paid on common stock during the current year totaled $100,000. The common stock was selling for $8 per share at the end of the year.

Determine each of the following. Round to one decimal place except earnings per share and dividends per share, which should be rounded to the nearest cent.

a. Times interest earned		times
b. Times preferred dividends earned		times
c. Earnings per share on common stock (Enter as dollars and cents.)	$
d. Price-earnings ratio
e. Dividends per share of common stock (Enter as dollars and cents.)	$
f. Dividend yield