Five measures of solvency or profitability
The balance sheet for Garcon Inc. at the end of the current fiscal year indicated the following:
Bonds payable, 8% | $5,000,000 |
Preferred $4 stock, $50 par | 2,500,000 |
Common stock, $ 10 par | 5,000,000 |
Income before income tax was $3,000,000, and income taxes were 51,200,000 for the current year. Cash dividends paid on common stock during the current year totaled $1,200,000. The common stock was selling for $32 per share at the end of the year. 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, and (E) dividend yield. (Round ratios and percentages to one decimal place, except for per-share amounts.)
Cornerstones of Financial Accounting
Accounting Information Systems
Corporate Financial Accounting
Brief Principles of Macroeconomics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Probability and Statistics for Engineering and the Sciences
Principles of Economics (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Essentials of Business Communication (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Foundations of Business (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Financial Accounting
Financial And Managerial Accounting
Management, Loose-Leaf Version
College Accounting, Chapters 1-27
Essentials of Economics (MindTap Course List)
Contemporary Marketing
Managerial Accounting: The Cornerstone of Business Decision-Making
Accounting Information Systems
Intermediate Accounting: Reporting And Analysis
College Accounting (Book Only): A Career Approach
Financial Accounting
MKTG 12:STUDENT ED.-TEXT
College Accounting (Book Only): A Career Approach
Accounting (Text Only)
Fundamentals of Financial Management (MindTap Course List)
Exploring Economics
Statistics for Business & Economics, Revised (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Pkg Acc Infor Systems MS VISIO CD
Principles of Macroeconomics (MindTap Course List)
Corporate Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Survey of Accounting (Accounting I)
Cornerstones of Cost Management (Cornerstones Series)
Microeconomics
Purchasing and Supply Chain Management
Practical Management Science
Economics (MindTap Course List)
Economics For Today
Managerial Accounting
Macroeconomics: Private and Public Choice (MindTap Course List)
Understanding Management (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Micro Economics For Today
Microeconomics: Private and Public Choice (MindTap Course List)