Problem 2-6: The Austin Corporation The following information was available for the Austin Corporation on October 31, 2021: Net Income 126000 Dividends Declared and Paid 14000 2000 1008000 Common Shares outstanding Market Value of Common Equity Required 1. Compute Earnings per Share. 2. Compute Dividends per Share. 3. Compute the Market Price per Share. 4. Compute the Price Earnings Ratio. 5. Compute the Dividend Yield (rounded to 2 decimal places). 6. Compute the Dividend Payout Ratio (rounded to 2 decimal places). Upon completion, enter your answers below: Earnings per Share (as an integer i.e. round): Dividends per Share (as an integer): Market Price per Share (as an integer): Price Earnings Ratio (as an integer): Dividend Yield (% to 2 decimal places e.g. if 5.2%, enter 5.2): Dividend Payout Ratio % (2 decimal places):

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.