.Use the following information to obtain the ratios requested below. Where necessary, carry answers

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.Use the following information to obtain the ratios requested below. Where necessary, carry answers to one decimal placeDividends per share: $1.14Market price per share: $54Net income: $118,000Stockholders’ equity, beginning of year: $500,000Stockholders’ equity, end of year: $530,000Earnings per share: $1.75a. Dividends yield = _____________%b. Return on equity = _____________%c. Price/earnings (P/E) ratio = __________ times

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