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Six metrics The balance sheet for Shryer Industries Inc. at the end of 20Y9 indicated the following: Bonds payable, 6% (due in 30 years) $800,000
Six metrics
The balance sheet for Shryer Industries Inc. at the end of 20Y9 indicated the following:
Bonds payable, 6% (due in 30 years) | $800,000 |
Preferred $10 stock, $100 par | 101,000 |
Common stock, $5 par | 353,500 |
Income before income tax was $177,600, and income taxes were $26,100 for the current year. Cash dividends paid on common stock during the current year totaled $46,662. The common stock was selling for $22 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 | fill in the blank 1 | times |
b. Times preferred dividends earned | fill in the blank 2 | times |
c. Earnings per share on common stock (Enter as dollars and cents.) | $fill in the blank 3 | |
d. Price-earnings ratio | fill in the blank 4 | |
e. Dividends per share of common stock (Enter as dollars and cents.) | $fill in the blank 5 | |
f. Dividend yield | fill in the blank 6 | % |
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