Calculate the following: Note: Round all answers to one decimal place. 3. Price earnings ratio

Survey of Accounting (Accounting I)
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Chapter15: Capital Investment Analysis
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Financial Ratios for Common Stockholders
Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end the current market
price of the stock was $83 per share.
Calculate the following:
Note: Round all answers to one decimal place.
a. Price earnings ratio
0
b. Dividend yield
%
c. Dividend payout ratio
%
Transcribed Image Text:Financial Ratios for Common Stockholders Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end the current market price of the stock was $83 per share. Calculate the following: Note: Round all answers to one decimal place. a. Price earnings ratio 0 b. Dividend yield % c. Dividend payout ratio %
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