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The following information is available for the Grant Company for 2015: Net sales $1,200,000 Net income. $600,000 Market price per share of common stock $32

The following information is available for the Grant Company for 2015:

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 per 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. $118

Required:

What are earnings per share for the current year?

What is the P/E ratio?

What is the book value per share of common stock?

What is the dividend yield on common stock?

What is the net profit ratio?

What is the return on equity?

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