Use the Following Information to Obtain the Ratios Requested Below

Short Answer

Use the following information to obtain the ratios requested below.Where necessary,carry answers to one decimal place.
Dividends per share: $.54
Market price per share: $30
Net income: $88,000
Average stockholders' equity: $625,000
Earnings per share: $1.25

A) Dividends yield = _____________%
B) Return on equity = _____________%
C) Price/earnings (P/E) ratio = __________times