Five Measures of Solvency or Profitability The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable, 8% $7,500,000 Preferred $4 stock, $50 par...

Five Measures of Solvency or Profitability

The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following:

Income before income tax expense was $5,280,000 and income taxes were $1,305,000 for the current year. Cash dividends paid on common stock during the current year totaled $1,950,000. The common stock was selling for $53.90 per share at the end of the year.

Determine each of the following.Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required.