UU! Rer=&take AssignmentSession Locator=&inprogress=fal... Not Book Show Me How Video Calculator PS, P/E Ratio, and Dividend Ratios 017 appears as follows: he Stockholders' Equity section of the balance sheet for Cooperstown Corp. at the end of 8%, $100 par, cumulative preferred stock, 200,000 shares $5,000,000 authorized, 50,000 shares issued and outstanding Additional paid-in capital on preferred 2,500,000 Commoh stock, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional pald-in capital on common 18,000,000 Retained earnings 37,500,000 Total stockholders' equity $65,000,000 Net income for the year was $1,395,000. Dividends were declared and paid on the preferred shares during the fear, and a quarterly dividend of $0.55 per share was declared am paid each quarter on the common shares. The closing market price for the common shares on December 31, 2017, was $24.25 per share. Required: 1. Compute the following ratios for the common stock: When required, round earnings per share and price/earnings ratio answers to two decimal places. For dividend payout and dividend yield ratios, round raw calculations to 4 decimal places, but enter each answer as a percentage to two decimal places; for example, .17856 rounds to .1786 and would be entered as 17.06, indicating 17.86. a. Earnings per share 2.16 X b. Price/earnings ratio 11.47 X to 1 c. Dividend payout ratio 26.51 X d. Dividend yield ratio 2.31 2. Before recommending the stock of Cooperstown to a client, as a financial adviser you would like to know: a future earnings growth. b. risk of the stock C. general economic trends and how they affect the company. d. all of these d Previous