Reference no: EM132521862

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 par1,000,000

Common stock, $10 par2,000,000

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:

Question 1: Determine each of the following:

Round ratios and percentages to one decimal place, and monetary amounts to the nearest cent.

1. Times interest earnedtimes

2. Earnings per share on common stock$

3. Price-earnings ratio

4. Dividends per share of common stock$

5. Dividend yield