International Imports Corporation reported the following for its fiscal year ended June 30, 2011:

Sales………………………….               $ 640,000

Cost of sales…………………               470,000

Gross margin………………….            170,000

Expenses……………………..                 94,000

Net income …………………..            $ 76,000

At the beginning of the year, the company had 50,000 shares of common stock outstanding and no preferred stock. At the end of the year, there were 50,000 common shares outstanding and no preferred stock. The market price of the company’s stock at year end was $ 20 per share. The company declared and paid $ 25,000 of dividends near year end.

Calculate earnings per share, the price– earnings ratio, and dividend yield for International Imports.