EPS, P/E Ratio, and Dividend Ratios
The stockholders’ equity section of the balance sheet for Cooperstown Corp. at the end of 2008
appears as follows:
Net income for the year was $1,300,000. Dividends were declared and paid on the preferred shares during the year, and a quarterly dividend of $0.40 per share was declared and paid each quarter on the common shares. The closing market price for the common shares on December 31, 2008, was $24.75 per share.