Problem: Module $4$ Textbook Problem $9$

Learning Objective: $4-5$ Calculate ratios for assessing a company's position in the stock market

During Year $3,$ Perez Corporation reported after$-$tax net income of $$3,630,000.$ During the year, the number of shares of stock outstanding remained constant at $9,700$ of $$100$ par, $10$ percent preferred stock and $397,000$ shares of common'stock. The company's total stockholders' equity is $$19,800,000$ at December $31,$ Year $3.$ Perez Corporation's common stock was selling at $$54$ per share at the end of its fiscal year. All dividends for the year have been paid, including $$4\mathrm{.}70$ per share to common stockholders.

Required

a$.$ Compute the earnings per share. $($Round your answer to $2$ decimal places.$)$

b$.$ Compute the book value per share of common stock. $($Round your answer to $2$ decimal places.$)$

c$.$ Compute the price$-$earnings ratio. $($Round intermediate calculations and final answer to $2$ decimal places.$)$

d$.$ Compute the dividend yield. $($Round your percentage answer to $2$ decimal places. $($i$.$e$.,0\mathrm{.}2345$ should be entered as $23\mathrm{.}45).)$

$\backslash$table$[[$a$.,$Earnings per share,$>,],[$b$.,$Book value per share,,$1],[$c$.,$Price$-$earnings ratio,$\frac{?}{\text{b}\text{a}\text{r}}(-),$times$],[$d$.,$Dividend yield,$5,\%$