**Financial Ratios for Common Stockholders**Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end, the current market price of the stock was $83 per share.Calculate the following:**Note:** Round all answers to one decimal place.a. Price earnings ratio [Input box: 0]b. Dividend yield [Input box: 0]%c. Dividend payout ratio [Input box: 0]%

A corporation can raise money from investors without taking on debt by using common stock as a type…

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Calculate the following: Note: Round all answers to one decimal place. 3. Price earnings ratio

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

**Financial Ratios for Common Stockholders**

Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end, the current market price of the stock was $83 per share.

Calculate the following:

**Note:** Round all answers to one decimal place.

a. Price earnings ratio
[Input box: 0]

b. Dividend yield
[Input box: 0]%

c. Dividend payout ratio
[Input box: 0]%

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