Determine dividends per share of common stock

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Question - The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following:

Bonds payable, 6%-$2,000,000

Preferred $5 stock, $100 par- 384,000

Common stock, $7 par- 520,800

Income before income tax expense was $372,000, and income taxes were $55,200 for the current year. Cash dividends paid on common stock during the current year totaled $59,520. The common stock was selling for $40 per share at the end of the year.

a. Determine times interest earned ratio?

b. Determine earnings per share on common stock?

c. Determine price-earnings ratio?

d. Determine dividends per share of common stock?

e. Determine dividend yield?

Reference no: EM133028293

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