Brief Exercise Algo Ratio analysis LO
During Year Racing Limited reported net income after taxes of $ During the year, the number of shares of stock outstanding remained constant at shares of $ par, percent preferred stock and shares of common stock. The company's total liabilities and stockholders' equity on December Year was $ which included $ of liabilities. The common stock was selling for $ per share at the end of the year. All dividends for the year was declared and paid, including $ per share to common stockholders.
Required:
Compute the following.
a Earnings per share
b Book value per share
c Priceearnings ratio
d Dividend yield
Note: Do not round intermediate calculations. Round earnings per share and book value per share to decimal places. Round priceearnings ratio and dividend yield percentage to decimal place.
tablea Earnings per share,,b Book value per share of common stock,,c Priceearnings ratio,,timesd Dividend yield,,
