The following information was taken from the financial statements of Fox Resources for December 31 of the current fiscal year: Common stock, $20 par value (no change during the year) $5,000,000 Preferred 10% stock, $40 par (no change during the year) 2,000,000 The net income was $600,000, and the declared dividends on the common stock were $125,000 for the current year. The market price of the common stock is $20 per share. Calculate for the common stock: Round ratios and percentages to one decimal place, and monetary amounts to nearest cent. 1. Earnings per share $ 2. Price-earnings ratio 3. Dividends per share $ 4. Dividend yield %
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Home » Business » The following information was taken from the financial statements of Fox Resources for December 31 of the current fiscal year: Common stock, $20 par value (no change during the year) $5,000,000 Preferred 10% stock, $40 par (no change during the