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:

201620152014
Net income$62,854$45,852$ 35,456
Total assets at year-end$381,500$246,250$145,490
Common shares outstanding56,00049,00041,000
Weighted average number of common shares outstanding52,50047,50041,000
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.

201620152014
Earnings per share$$$
Dividend yield    %    %    %

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