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The following data are taken from the financial statements: Current assets Property, plant, and equipment Current Year Preceding Year $745,000 $820,000 1,510,000 1,400,000 Current
The following data are taken from the financial statements: Current assets Property, plant, and equipment Current Year Preceding Year $745,000 $820,000 1,510,000 1,400,000 Current liabilities (non-interest-bearing) 160,000 140,000 Long-term liabilities, 12% 400,000 400,000 Preferred 10% stock 250,000 250,000 Common stock, $25 par 1,200,000 1,200,000 Retained earnings, beginning of year Net income for year Preferred dividends declared Common dividends declared 230,000 160,000 110,000 155,000 (25,000) (70,000) (25,000) (60,000) Determine for the current year the (a) return on total assets, (b) return on stockholders' equity, (c) return on common stockholders' equity, (d) earnings per share on common stock, (e) price-earnings ratio on common stock, and (f) dividend yield. The current market price per share of common stock is $25. Round dollar values to two decimal places and other final answers to one decimal place. a. Return on total assets b. Return on stockholders' equity c. Return on common stockholders' equity d. Earnings per share on common stock e. Price-earnings ratio on common stock f. Dividend vield 6 % % % % Previous
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