Homework Answers
Given,
Earning per share = $6.00
Dividend = $2.10
Current Market price = $72.00 per share
a). Price to earning ratio = CMP/EPS = 72/6 = 12
b). Dividend Yield = Dividend/CMP = 2.1/72 = 2.92%
c). Dividend payout ratio = Dividend/EPS = 2.1/6 = 35%
Add Answer to:
Financial Ratios for Common Stockholders Morgan Corporation has only common stock outstanding. The firm reported earnings...
A Pris Question 4 Answer saved Marked out of 1,00 P Flag question Financial Ratios for...
A Pris Question 4 Answer saved Marked out of 1,00 P Flag question Financial Ratios for Common Stockholders Kluster Corporation has only common stock out-standing. The firm reported earnings per share of $5.25 for the year. During the year, Kluster paid dividends of $2.10 per share. At year end the current market price of the stock was 563 per share. Calculate the following: Note: Round all answers to one decimal place a. Price earnings ratio b. Dividend yield c. Dividend...
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis...
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis Industries at the end of 2017 appears as follows: 89%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid in capital on preferred 2.500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional paid in capital on common 18,000,000 Retained earnings 37.500.000 Total stockholders' equity $65,000,000 Net income for the year was...
Sehrt Corporation has provided the following financial data: Year 2 Year 1 Common stock, $3 par...
Sehrt Corporation has provided the following financial data: Year 2 Year 1 Common stock, $3 par value $ 300,000 $ 300,000 Total stockholders' equity $ 803,000 $ 770,000 The company's net income for Year 2 was $44,000. Dividends on common stock during Year 2 totaled $11,000. The market price of common stock at the end of Year 2 was $6.29 per share. Required: a. What is the company's earnings per share for Year 2? b. What is the company's price-earnings...
s an investment. Specifically, use the three stock ratios to determine whether the common stock has...
s an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness eamings ratio. i Data Table $ 2018 42,000 $ 24,000 13,200 2017 37,200 24,000 13,200 Net Income Dividends-Common Dividends-Preferred Total Stockholders' Equity at Year-End (includes 60,000 shares of common stock) Preferred Stock Market Price per Share of Common Stock 790,000 220,000 18.50 $ 580,000 220,000 12.00 Print Done eck Answer. Clear All ommon stock of Manson State Bank as...
Consider the following information. Stock price $55/share Avg. common shares outstanding 850,000 Common dividends $765,000 Dividends...
Consider the following information. Stock price $55/share Avg. common shares outstanding 850,000 Common dividends $765,000 Dividends per common share $0.90/share Preferred dividends $238,800 Net income $15,485,000 2019 preferred stock $6,162,000 2018 preferred stock $5,299,000 2019 total stockholders’ equity $28,435,000 2018 total stockholders’ equity $25,483,000 Purchases of treasury stock $120,000 Required: 1. Calculate the stockholder payout ratios. (Note: Round answers to three decimal places.) Dividend Yield % Dividend Payout % Total Payout % Stock Repurchase Payout % 2. Calculate the stockholder...
A primary driver of an increase in stock price is profitability. Which of the following ratios...
A primary driver of an increase in stock price is profitability. Which of the following ratios is used to evaluate stockholder profitability? a. Dividend yield b. Total payout ratio c. Dividend payout ratio d. Earnings per share ABC Corporation had $125,000 of net income for the year. Assume the company, which has no preferred stock, paid a $10 per share dividend at the time the stock was selling for $50 per share and there were 25,000 shares of $1 par...
Use the following information to answer questions 14- 16 Stephens Corp. has 14,000 shares of common stock outstanding. During the year, Stephens has a net income of $56,000 and pays a dividend of...
Use the following information to answer questions 14- 16 Stephens Corp. has 14,000 shares of common stock outstanding. During the year, Stephens has a net income of $56,000 and pays a dividend of $2.40 per share. The market price for the common stock is $48.00 per share 14. What is the dividend payout ratio? 15. What is the dividend yield ratio? 16. What is the price-earnings ratio?
Use the following information to answer questions 14- 16 Stephens Corp. has 14,000...
On January 1, 2020, Agassi Corporation had the following stockholders' equity accounts. Common Stock ($10 par...
On January 1, 2020, Agassi Corporation had the following stockholders' equity accounts. Common Stock ($10 par value, 50,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $500,000 502,000 605,000 During 2020, the following transactions occurred. Jan. 15 Declared and paid a $1.05 cash dividend per share to stockholders. Declared and paid a 10% stock dividend. The market price of the stock was $13 per share. Apr. 15 May 15 Reacquired 2,000 common shares at a...
On January 1, 2020, Agassi Corporation had the following stockholders' equity accounts. Common Stock ($10 par...
On January 1, 2020, Agassi Corporation had the following stockholders' equity accounts. Common Stock ($10 par value, 70,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $700,000 500,000 617,000 During 2020, the following transactions occurred. Jan. 15 Declared and paid a $1.05 cash dividend per share to stockholders. Declared and paid a 10% stock dividend. The market price of the stock was $14 per share. Reacquired 1,800 common shares at a market price of $16...
On January 1, 2020, Agassi Corporation had the following stockholders’ equity accounts. Common Stock ($10 par...
On January 1, 2020, Agassi
Corporation had the following stockholders’ equity accounts.
Common Stock ($10 par value, 50,000 shares issued and
outstanding)
$500,000
Paid-in Capital in Excess of Par—Common Stock
493,000
Retained Earnings
616,000
During 2020, the following transactions occurred.
Jan. 15
Declared and paid a $1.05 cash dividend per share to
stockholders.
Apr. 15
Declared and paid a 10% stock dividend. The market price of the
stock was $13 per share.
May 15
Reacquired 1,800 common shares at a...
A Pris Question 4 Answer saved Marked out of 1,00 P Flag question Financial Ratios for Common Stockholders Kluster Corporation has only common stock out-standing. The firm reported earnings per share of $5.25 for the year. During the year, Kluster paid dividends of $2.10 per share. At year end the current market price of the stock was 563 per share. Calculate the following: Note: Round all answers to one decimal place a. Price earnings ratio b. Dividend yield c. Dividend...
EPS, P/E Ratio, and Dividend Ratios The Stockholders' Equity section of the balance sheet for Kotsis Industries at the end of 2017 appears as follows: 89%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding $5,000,000 Additional paid in capital on preferred 2.500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares 2,000,000 issued and outstanding Additional paid in capital on common 18,000,000 Retained earnings 37.500.000 Total stockholders' equity $65,000,000 Net income for the year was...
s an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness eamings ratio. i Data Table $ 2018 42,000 $ 24,000 13,200 2017 37,200 24,000 13,200 Net Income Dividends-Common Dividends-Preferred Total Stockholders' Equity at Year-End (includes 60,000 shares of common stock) Preferred Stock Market Price per Share of Common Stock 790,000 220,000 18.50 $ 580,000 220,000 12.00 Print Done eck Answer. Clear All ommon stock of Manson State Bank as...
A primary driver of an increase in stock price is profitability. Which of the following ratios is used to evaluate stockholder profitability? a. Dividend yield b. Total payout ratio c. Dividend payout ratio d. Earnings per share ABC Corporation had $125,000 of net income for the year. Assume the company, which has no preferred stock, paid a $10 per share dividend at the time the stock was selling for $50 per share and there were 25,000 shares of $1 par...
Use the following information to answer questions 14- 16 Stephens Corp. has 14,000 shares of common stock outstanding. During the year, Stephens has a net income of $56,000 and pays a dividend of $2.40 per share. The market price for the common stock is $48.00 per share 14. What is the dividend payout ratio? 15. What is the dividend yield ratio? 16. What is the price-earnings ratio?
Use the following information to answer questions 14- 16 Stephens Corp. has 14,000...
On January 1, 2020, Agassi Corporation had the following stockholders' equity accounts. Common Stock ($10 par value, 50,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $500,000 502,000 605,000 During 2020, the following transactions occurred. Jan. 15 Declared and paid a $1.05 cash dividend per share to stockholders. Declared and paid a 10% stock dividend. The market price of the stock was $13 per share. Apr. 15 May 15 Reacquired 2,000 common shares at a...
On January 1, 2020, Agassi Corporation had the following stockholders' equity accounts. Common Stock ($10 par value, 70,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $700,000 500,000 617,000 During 2020, the following transactions occurred. Jan. 15 Declared and paid a $1.05 cash dividend per share to stockholders. Declared and paid a 10% stock dividend. The market price of the stock was $14 per share. Reacquired 1,800 common shares at a market price of $16...
On January 1, 2020, Agassi
Corporation had the following stockholders’ equity accounts.
Common Stock ($10 par value, 50,000 shares issued and
outstanding)
$500,000
Paid-in Capital in Excess of Par—Common Stock
493,000
Retained Earnings
616,000
During 2020, the following transactions occurred.
Jan. 15
Declared and paid a $1.05 cash dividend per share to
stockholders.
Apr. 15
Declared and paid a 10% stock dividend. The market price of the
stock was $13 per share.
May 15
Reacquired 1,800 common shares at a...
Most questions answered within 3 hours.
-
A sample survey at a supermarket showed that 204 of 300 shoppers
regularly use cents-off coupons....
asked 6 seconds from now -
What is the HDI (Hydrogen Deficiency Index) for acetic acid? How
many sets of non-equivalent protons...
asked 38 seconds ago -
Disease Prevention and Health Promotion-Topic
What are the roles of both the state and federal government...
asked 5 minutes ago -
determine the following probabilites
a. for n= 3 and (pie)π = 0.16, what is P(X=0)?
b....
asked 7 minutes ago -
Why do men earn more money than women in America?
asked 18 minutes ago -
Sales of tablet computers at Ted Glickman's electronics store
in Washington, D.C., over the past 10...
asked 28 minutes ago -
Short essay question:
First, discuss the anatomical differences between Paleocene
pro-primates and Eocene eu-primates and explain...
asked 27 minutes ago -
Suppose we have a binomial experiment in which success is
defined to be a particular quality...
asked 49 minutes ago -
march the type of cellular control with the description: enzyme
induction and the enzyme repression. How...
asked 59 minutes ago -
Brief Exercise 5-09 (Part Level Submission)
The following information relates to Blue Spruce Corp. for the...
asked 59 minutes ago -
An unknown amount of a compound with a molecular mass of 284.04
g/mol is dissolved in...
asked 1 hour ago -
You are at rest at a stop sign. There is another stop sign that
is 100...
asked 1 hour ago