Reference no: EM132978316

Question - Five Measures of Solvency or Profitability - The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following:

Bonds payable, 9% $1,900,000

Preferred $5 stock, $100 par 694,000

Common stock, $11 par 1,145,100

Income before income tax expense was $530,100,and income taxes were $79,000 for the current year. Cash dividends paid on common stock during the current year totaled $99,936. The common stock was selling for $32 per share at the end of the year.

Required - Determine each of the following -

a. Times interest earned ratio

b. Earnings per share on common stock

c. Price-earnings ratio

d. Dividends per share of common stock

e. Dividend yield