The Balance Sheet for Seuss Company at the End of the Current

Essay

The balance sheet for Seuss Company at the end of the current fiscal year indicated the following:
​ $\begin{array}{|l|r|}\hline \text { Bonds payable, } 10 \%(20 \text {-year term) } & \$ 5,000,000 \\\hline \text { Preferred } 10 \% \text { stock, } \$ 100 \text { par } & 1,000,000 \\\hline \text { Common stock, } \$ 10 \text { par } & 2,000,000 \\\hline\end{array}$ ​
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.
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Determine each of the following: (a) Times interest earned
(b) Earnings per share on common stock
(c) Price-earnings ratio
(d) Dividends per share of common stock
(e) Dividend yield ​
Round to one decimal place except earnings per share and dividends per share, which should be rounded to two decimal places.