The following information was taken from the financial statements of Borges Distributors, for December 31 of the current year: Common stock, $10 par value (no change during the year) ...................................$2,500,000 Preferred $5 stock, $100 par (no change during the year) ........................................ 550,000 The net income was $550,000, and the declared dividends on the common stock were $75,000 for the current year. The market price of the common stock is $40 per share. For the common stock, determine (a) earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and, (d) the dividend yield. Round EPS to two decimal places, and the rest to one deci