Determine the earnings per share on common stock

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Question - The balance sheet for Seuss Company at the end of the current fiscal year indicated the following:

Bonds payable, 10% (20-year term) $5,000,000

Preferred 10% stock, $100 par 1,000,000

Common stock, $10 par 2,000,000

Income before income tax was $1,500,000 and income taxes were $200,000 for the current year. Cash dividends paid on common stock during the current year totaled $150,000. The common stock sells for $75 per share at the end of the year.

Required - Determine each of the following:

1. Times interest earned times

2. Earnings per share on common stock

3. Price-earnings ratio

4. Dividends per share of common stock

5. Dividend yield

Reference no: EM132677740

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