The following data relate to Edger Company:

The stock was selling at 120.5%, 108.0%, and 105.0% of book value in 2009, 2008, and 2007, respectively.
Required
a. Compute the following for 2009, 2008, and 2007:
1. Percentage of earnings retained
2. Price/earnings ratio
3. Dividend payout
4. Dividend yield
5. Book value per share
b. Comment on your results from (a). Include in your discussion the data on backlog and new contractsawarded.

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2009 2008 2007 Earnings per share Dividends per share Market price, end of year Net income Total cash dividends Order backlog at year-end Net contracts awarded 2.30 1.90 41.25 $9,100,000 $ 6,080,000 $5,490,800,000 $2,650,700,000 3.40 1.90 35.00 13,300,000 $ 5,900,000 $4,150,200,000 $1,800,450,000 4.54 1.90 29.00 16,500,000 $ 6,050,000 $3,700,100,000 $3,700,100,000