Question: s. From the following data, determine for the current year the (a) earnings per share on common stock, (b) price-carnings ratio on common stock, and
s. From the following data, determine for the current year the (a) earnings per share on common stock, (b) price-carnings ratio on common stock, and (c) dividend yield on common stock. Assume that the current market price per share of common stock is $25. (Present key figures used in your computations.) Round percentage values to one decimal place, dollar values to two decimal places, and other ratios to one decimal place. Current Preceding Year $ 820,000 1,400,000 Year Current assets $ 785,000 1,450,000 Property, plant, and equipment Current liabilities (non-interest-bearing) 175,000 402,000 300,000 1,200,000 140,000 400,000 250,000 1,200,000 Long-term liabilities, 12% Preferred 10% stock Common stock, $25 par Retained earnings: Beginning of year Net income for year 230,000 110,000 160,000 155,000 (25,000) (60,000) (30,000) 96,000) Preferred dividends declared Common dividends declared
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