During 2018, blue ridge corporation reported after-tax net income of $4,150,000. during the year, the number of shares of stock outstanding remained constant at 15,000 of $100 par, 9 percent preferred stock and 400,000 shares of common stock. the company’s total stockholders’ equity is $20,000,000 at december 31, 2018. blue ridge corporation’s common stock was selling at $80 per share at the end of its fiscal year. all dividends for the year have been paid, including $4.80 per share to common stockholders. required compute the following by rounding to two decimal points: a. earnings per share. b. book value per share of common stock. c. price-earnings ratio. d. dividend yield.

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005