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The financial statements of Trail Apparel include the following selected data (in millions): ($ in thousands, except stock price) 2021 2020 Sales $ 728,720 $

The financial statements of Trail Apparel include the following selected data (in millions):

($ in thousands, except stock price) 2021 2020
Sales $ 728,720 $ 752,858
Net income 16,100 14,420
Dividends 4,320 3,320
Stockholders' equity, end of year 244,150 231,450
Shares outstanding 47,000 36,000
Average stock price $ 5.50 4.10

Required: Calculate the following amounts for 2021: (Round 'Earning Per Share' to 2 decimal places.)

  1. Return on equity %
  2. Dividend yield %
  3. Earnings per share
  4. Price-earnings ratio

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