Business, 29.02.2020 01:44 dragpack70

During 2018, Rundle Corporation reported after-tax net income of $3,580,000. During the year, the number of shares of stock outstanding remained constant at 9,920 of S100 par, 8 percent preferred stock and 399,000 shares of common stock. The company's total stockholders' equity is $20,000,000 at December 31, 2018. Rundle Corporation's common stock was selling at $52 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Required Compute the earnings per share. (Round your answer to 2 decimal places.) Compute the book value per share of common stock. (Round your answer to 2 decimal places.) Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) Compute the dividend yield.

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During 2018, Rundle Corporation reported after-tax net income of $3,580,000. During the year, the nu...

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