The comparative financial statements of Automotive Solutions Inc. are as follows. The market price of Automotive Solutions Inc. common stock was $63 on December 31, 20Y8.

AUTOMOTIVE SOLUTIONS INC. Comparative Income Statement For the Years Ended December 31, 20Y8 and 20Y7
	20Y8		20Y7
Sales	$5,242,860		$4,830,460
Cost of goods sold	(1,971,000)		(1,813,320)
Gross profit	$3,271,860		$3,017,140
Selling expenses	$(1,111,090)		$(1,351,240)
Administrative expenses	(946,480)		(793,580)
Total operating expenses	(2,057,570)		(2,144,820)
Operating income	$1,214,290		$872,320
Other revenue and expense:
Other revenue	63,910		55,680
Other expense (interest)	(400,000)		(220,000)
Income before income tax	$878,200		$708,000
Income tax expense	(105,400)		(85,400)
Net income	$772,800		$622,600

AUTOMOTIVE SOLUTIONS INC. Comparative Statement of Stockholders' Equity For the Years Ended December 31, 20Y8 and 20Y7
	20Y8									20Y7
	Preferred Stock			Common Stock			Retained Earnings			Preferred Stock			Common Stock			Retained Earnings
Balances, Jan. 1		$760,000			$870,000			$3,609,825			$760,000			$870,000			$3,039,675
Net income								772,800									622,600
Dividends:
Preferred stock								(13,300)									(13,300)
Common stock								(39,150)									(39,150)
Balances, Dec. 31		$760,000			$870,000			$4,330,175			$760,000			$870,000			$3,609,825

AUTOMOTIVE SOLUTIONS INC. Comparative Balance Sheet December 31, 20Y8 and 20Y7
	Dec. 31, 20Y8		Dec. 31, 20Y7
Assets
Current assets:
Cash	$1,312,150		$734,960
Temporary investments	1,985,960		1,217,930
Accounts receivable (net)	1,000,100		941,700
Inventories	744,600		569,400
Prepaid expenses	248,246		146,990
Total current assets	$5,291,056		$3,610,980
Long-term investments	725,312		-653,712
Property, plant, and equipment (net)	6,500,000		5,850,000
Total assets	$12,516,368		$8,807,268
Liabilities
Current liabilities	$1,556,193		$817,443
Long-term liabilities:
Mortgage note payable, 8%, due in 15 years	$2,250,000		$0
Bonds payable, 8%, due in 20 years	2,750,000		2,750,000
Total long-term liabilities	$5,000,000		$2,750,000
Total liabilities	$6,556,193		$3,567,443
Stockholders' Equity
Preferred $0.70 stock, $40 par	$760,000		$760,000
Common stock, $10 par	870,000		870,000
Retained earnings	4,330,175		3,609,825
Total stockholders' equity	$5,960,175		$5,239,825
Total liabilities and stockholders' equity	$12,516,368		$8,807,268

Instructions:

Determine the following measures for 20Y8

Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year.

16. Return on common stockholders' equity		%
17. Earnings per share on common stock
18. Price-earnings ratio
19. Dividends per share of common stock
20. Dividend yield		%