The following information is available for the Grant Company for Year 2:

Net sales	$ 1,200,000
Net income	$ 600,000
Market price per share of common stock	$ 32
Dividend per share of common stock	$ 1.80
Common shares authorized par value $10	$ 100,000
Average common shares outstanding	50,000
7% $100 par preferred stock authorized	$ 70,000
Preferred stock outstanding	$ 30,000
Average total stockholders' equity	$ 160,000
Market price per share of preferred stock	$ 118

Required: (Round your answers to two decimal places.)

(A) What are earnings per share for the current year?

(B) What is the price-earnings ratio?

(C) What is the book value per share of common stock?

(D) What is the dividend yield on common stock?

(E) What is the net profit ratio?

(F) What is the return on equity?