Graham Railways Inc. is evaluating its operations and provides the following information:

	2016	2015	2014
Net income	$62,854	$45,852	$ 35,456
Total assets at year-end	$381,500	$246,250	$145,490
Common shares outstanding	56,000	49,000	41,000
Weighted average number of common shares outstanding	52,500	47,500	41,000
Total liabilities at year-end	$206,100	$117,800	$ 52,690
Dividends per common share	$0.40	$0.35	$0.25
Common shareholders’ equity at year-end	$175,400	$128,450	$92,800
Ending share price	$24.20	$18.75	$14.40

Required:

For each of the years 2014 through 2016, calculate Graham Railways's earnings per share and dividend yield ratio. The company has no preferred stock or other potentially dilutive securities outstanding. If required, round your answers to two decimal places.

	2016	2015	2014
Earnings per share	$	$	$
Dividend yield	%	%	%

Answer rating: 100% (QA)

2016 2015 2014 EPS Net IncomeAverage common share 628... View the full answer