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The Following Data Is Available for Xandua Company Calculate the Following Ratios:
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question 22

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The following data is available for Xandua Company:
 Net income $210,00 Cash dividends on preferred stock 14,000 Cash dividends on common stock 36,000 Weighted average number of common shares outstanding 100,000 Market price per share of common stock 12/31/2×10$25.00\begin{array}{ll}\text { Net income } & \$ 210,00 \\\text { Cash dividends on preferred stock } & 14,000 \\\text { Cash dividends on common stock } & 36,000 \\\text { Weighted average number of common shares outstanding } & 100,000 \\\text { Market price per share of common stock } 12 / 31 / 2 \times 10 & \$ 25.00\end{array} Calculate the following ratios:
1.a)Basic earnings per share-common
 b) Dividend yield \text { b) Dividend yield } 2.Why are earnings per share important to investors?


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