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The Following Data Are Taken from the Financial Statements:

Question 52

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The following data are taken from the financial statements:
 Current  Preceding  Year  Year  Current assets $745,000$820,000 Property, plant, and equipment 1,510,0001,400,000 Current liabilities  (non-interest-bearing) 160,000140,000 Long-term liabilities, 12%400,000400,000 Preferred 10% stock 250,000250,000 Common stock, $25 par 1,200,0001,200,000 Retained eamings,  beginning of year 230,000160,000 Net income for year 110,000155,000 Preferred dividends declared (25,000)(25,000) Common dividends declared (70,000)(60,000)\begin{array}{lrr}&\text { Current } & \text { Preceding } \\&\text { Year } & \text { Year }\\\text { Current assets } & \$ 745,000 & \$ 820,000 \\\text { Property, plant, and equipment } & 1,510,000 & 1,400,000\\\text { Current liabilities } &\\\text { (non-interest-bearing) } & 160,000 & 140,000 \\\text { Long-term liabilities, } 12 \% & 400,000 & 400,000 \\\text { Preferred } 10 \% \text { stock } & 250,000 & 250,000 \\\text { Common stock, } \$ 25 \text { par } & 1,200,000 & 1,200,000\\\text { Retained eamings, }\\\text { beginning of year } & 230,000 & 160,000 \\\text { Net income for year } & 110,000 & 155,000 \\\text { Preferred dividends declared } & (25,000) & (25,000) \\\text { Common dividends declared } & (70,000) & (60,000)\end{array}
Determine for the current year the (a) return on total assets, (b) return on stockholders' equity,
(c) return on common stockholders' equity, (d) earnings per share on common stock, (e) price-earnings
ratio on common stock, and (f) dividend yield. The current market price per share of
common stock is $25.
Round dollar values to two decimal places and other final answers to one decimal place.

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