XYZ Corp. reported $860,000 of net income, paid total dividends in the amount of $220,000...

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Accounting

  1. XYZ Corp. reported $860,000 of net income, paid total dividends in the amount of $220,000 for the year, paid preferred dividends of $20,000, had 200,000 weighted-average common shares outstanding, and the market value per share was $32.50.

    1. Calculate earnings per share.

    2. Calculate price-earnings ratio.

    3. Calculate dividend yield. (use only common stock dividends in this calculation)

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