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The following selected data is from the financial statements of the Company for, 2017, 2016, and 2015: 2017 2016 2015 Total Assets 4,000,000 2,980,000 6,000,000

The following selected data is from the financial statements of the Company for, 2017, 2016, and 2015:

2017 2016 2015
Total Assets 4,000,000 2,980,000 6,000,000
Notes Payable (3% interest) 1,000,000 7,350,000 1,500,000
Common Stock 250,000 1,040,000 1,700,000
Preferred $2 stock, $18 par value 700,000 650,000 3,500,000
Retained Earnings 7,950,000 4,455,000 1,850,000

Income before income tax was $2,500,000 and income taxes were $1,000,000, for the current year. Cash dividends paid on the common stock during the current year totalled $700,000. The common stock was selling for $30 per share at the end of the year. Find each of the following:

Price-earnings ratio

Earnings per share on common stock

The amount of times interest charges are earned

Dividends per share of common stock

Dividend yield

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