Upes (6 points - 3 each) The balance sheet for Tyde Corporation at the end of the current year indicates the following: Bonds payable, 6% 5% Preferred stock, $100 par Common stock, $10 par $4,000,000 1,000,000 2,000,000 Income before income taxes was $480,000 and income taxes expense for the current year amounted to $144,000. Cash dividends paid on common stock were $300,000, and the common stock was selling for $22.88 per share at the end of the year. There were no ownership changes during the year. Instructions Determine each of the following: (b) (c) Earnings per share for common stock. Price-earnings ratio. BIVA-AI E - OO V G HTML Editora X X, EE TT 12pt - Paragraph O O words 9 pts Question 6