Question: ructor Exercise 9-21 Algorithmic Save Exit Submit Assignment for Grading eBook Check My Work remaining) Earnings Per Share, Price-Earnings Ratio, Dividend Yield The following information
ructor Exercise 9-21 Algorithmic Save Exit Submit Assignment for Grading eBook Check My Work remaining) Earnings Per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Finn Resources Inc. for December 31 of the current year: Common stock, $45 par value (no change during the year) $14,850,000 Preferred $8 stock, $200 par (no change during the year) 8,000,000 The net income was $1,244,000, and the declared dividends on the common stock were $356,400 for the current year. The market price of the common stock is $45 per share For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield Round to one decimal place except earnings per share and dividends per share, which should be rounded to the nearest cent. a. Earnings per share $33000 b. Price-earnings ratio C. Dividends per share d. Dividend yield Check My Work (3 remaining) O Icon Rey Exercise 9-21 Algorithmic Fole mit A nment for Gradina 90 900 x] 190
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