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The following information pertains to Parsons Co.: Preferred stock, cumulative: Par value per share $100 Dividend rate 8% Shares outstanding 10,000 Dividends in arrears none

The following information pertains to Parsons Co.:

Preferred stock, cumulative:

Par value per share $100

Dividend rate 8% Shares outstanding 10,000

Dividends in arrears none

Common stock: Par value per share $10

Shares issued 121,000

Dividends paid per share $2.10

Market price per share $47.00

Additional paid-in capital $490,000

Unappropriated retained earnings (after closing) $290,000

Retained earnings appropriated for contingencies $280,000

Common treasury stock: Number of shares 10,000

Total cost $240,000

Net income $635,000

Compute (assume no changes in balances during the past year): (Round per share and ratios to 2 decimal places, e.g. $15.25 or 15.25%.)

(a) Total amount of stockholders' equity in the balance sheet $

(b) Earnings per share of common stock $ per share

(c) Book value per share of common stock $ per share

(d) Payout ratio of common stock % (e) Return on common stock equity %

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