Question: 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
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 | % | % | % |
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