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The following financial information is available for Sheridan Ltd. as at December 31 (in thousands, except for per share amounts): 2021 2020 2019 Profit $2,077

The following financial information is available for Sheridan Ltd. as at December 31 (in thousands, except for per share amounts):

2021 2020 2019

Profit

$2,077 $2,238 $2,796

Preferred share dividends (total)

$73 $43 $30

Weighted average number of common shares

527 525 526

Dividends per common share

$2.50 $2.25 $2.10

Market price per common share

$43.00 $49.75 $56.25

(a) Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years.

2021 2020 2019

Earnings per share (Round answer to 2 decimal places, e.g. 5.25.)

$enter Earnings per share in dollars rounded to 2 decimal places $enter Earnings per share in dollars rounded to 2 decimal places $enter Earnings per share in dollars rounded to 2 decimal places

Price-earnings ratio (Round answer to 1 decimal place, e.g. 15.5.)

enter Price-earnings ratio in times rounded to 1 decimal place times enter Price-earnings ratio in times rounded to 1 decimal place times enter Price-earnings ratio in times rounded to 1 decimal place times

Payout ratio (Round answer to 3 decimal places, e.g. 0.255.)

enter Payout ratio rounded to 2 decimal places enter Payout ratio rounded to 2 decimal places enter Payout ratio rounded to 2 decimal places

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