Use the Following Information to Obtain the Ratios Requested Below

Essay

Use the following information to obtain the ratios requested below.Where necessary,carry answers to one decimal place.
Dividends per share: $.1.08
Market price per share: $60
Net income: $176,000
Average stockholders' equity: $1,250,000
Earnings per share: $2.50
a.Dividends yield = _____________%
b.Return on equity = _____________%
c.Price/earnings (P/E)ratio = __________times