QS 17-16 (Algo) Computing price-earnings ratio and dividend yield LO P3 Franklin Company reported the following year-end data: Net income Annual cash dividends per share Market price per (common) share Earnings per share Compute the (a) price-earnings ratio and (b) dividend yield. Price Earnings Dividend Yield Ratio Complete this question by entering your answers in the tabs below. Compute the price-earnings ratio. Numerator: $ 238,000 1 1 120 12 Price-Earnings Ratio Denominator: 11 Price-Earnings Ratio Price-earnings ratio

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