uring Year 3, Perez Corporation reported after-tax net income of $3,630,000. During the year, the number of shares of utstanding remained constant at 9,560 of $100 par, 10 percent preferred stock and 397,000 shares of common stock. otal stockholders' equity is $19,900,000 at December 31, Year 3. Perez Corporation's common stock was selling at $51 he end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Cequired . Compute the earnings per share. (Round your answer to 2 decimal places.) . Compute the book value per share of common stock. (Round your answer to 2 decimal places.) . Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) .. Compute the dividend yield. (Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered a a. Earnings per share
uring Year 3, Perez Corporation reported after-tax net income of $3,630,000. During the year, the number of shares of utstanding remained constant at 9,560 of $100 par, 10 percent preferred stock and 397,000 shares of common stock. otal stockholders' equity is $19,900,000 at December 31, Year 3. Perez Corporation's common stock was selling at $51 he end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Cequired . Compute the earnings per share. (Round your answer to 2 decimal places.) . Compute the book value per share of common stock. (Round your answer to 2 decimal places.) . Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) .. Compute the dividend yield. (Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered a a. Earnings per share
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:During Year 3, Perez Corporation reported after-tax net income of $3,630,000. During the year, the number of shares of stock
outstanding remained constant at 9,560 of $100 par, 10 percent preferred stock and 397,000 shares of common stock. The company's
total stockholders' equity is $19,900,000 at December 31, Year 3. Perez Corporation's common stock was selling at $51 per share at
the end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders.
Required
a. Compute the earnings per share. (Round your answer to 2 decimal places.)
b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.)
c. Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.)
d. Compute the dividend yield. (Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered as 23.45).)
a. Earnings per share
b. Book value per share
c. Price-earnings ratio
d. Dividend yield
times
%
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