Question: 1. Total assets = $4 million Total Liabilities = $2.5 million Preferred stock dividends = $75,000 Total preferred stock = $900,000 Net profits = $500,000
1. Total assets = $4 million Total Liabilities = $2.5 million Preferred stock dividends = $75,000 Total preferred stock = $900,000 Net profits = $500,000 #common shares = 38,000 Market price of stock = $115 Annual common dividends = $7.20 per share Based on the above data, calculate: A. Earnings per share B. Dividend yield C. Book value per share D. P/E ratio E. Return on equity
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