6 es During Year 3, Zachary Corporation reported after-tax net income of $3,590,000. During the year,...

Transcribed Image Text:

6 es During Year 3, Zachary Corporation reported after-tax net income of $3,590,000. During the year, the number of shares of stock outstanding remained constant at 9,720 of $100 par, 8 percent preferred stock and 399,000 shares of common stock. The company's total stockholders' equity is $19,600,000 at December 31, Year 3. Zachary Corporation's common stock was selling at $50 per share at the end of its fiscal year. All dividends for the year have been paid, including $5.00 per share to common stockholders. a. Compute the earnings per share. Note: Round your answer to 2 decimal places. b. Compute the book value per share of common stock. Note: Round your answer to 2 decimal places. c. Compute the price-earnings ratio. Note: Round intermediate calculations and final answer to 2 decimal places. d. Compute the dividend yield. Note: Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered as 23.45). a. Earnings per share b. Book value per share c. Price-earnings ratio d. Dividend yield times % 6 es During Year 3, Zachary Corporation reported after-tax net income of $3,590,000. During the year, the number of shares of stock outstanding remained constant at 9,720 of $100 par, 8 percent preferred stock and 399,000 shares of common stock. The company's total stockholders' equity is $19,600,000 at December 31, Year 3. Zachary Corporation's common stock was selling at $50 per share at the end of its fiscal year. All dividends for the year have been paid, including $5.00 per share to common stockholders. a. Compute the earnings per share. Note: Round your answer to 2 decimal places. b. Compute the book value per share of common stock. Note: Round your answer to 2 decimal places. c. Compute the price-earnings ratio. Note: Round intermediate calculations and final answer to 2 decimal places. d. Compute the dividend yield. Note: Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered as 23.45). a. Earnings per share b. Book value per share c. Price-earnings ratio d. Dividend yield times %