The following information was taken from the financial statement of Fox Resources for December 31 of the current fiscal year:
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.
Required:
Calculate for the common stock:
a earnings per share
b the price-earnings ratio
c the dividends per share and the dividend yield
Round to one decimal place except earnings per share,which should be rounded to two decimal places.
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