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ThatDudeLv1
25 Jul 2022
*************URGENT* please answer. Directions are there. Very urgent
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year, A total of 910,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40 %, and the dividend per share of common stock was $ 0.75 last year and $ 0.40 this year. The market value of the company's common stock at the end of this year was $ 23.50. All of the company's sales are on account.
Required:
Compute the following financial data for this year:
1. Earnings per share. (Round your answer to 2 decimal places.)
2. Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
3. Dividend payout ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
4. Dividend yield ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
5. Book value per share. (Round your answer to 2 decimal places.)
1. Earnings per share
2. Price-earnings ratio
3. Dividend payout ratio
%
4. Dividend yield ratio
%
5. Book value per share
*************URGENT* please answer. Directions are there. Very urgent
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year, A total of 910,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40 %, and the dividend per share of common stock was $ 0.75 last year and $ 0.40 this year. The market value of the company's common stock at the end of this year was $ 23.50. All of the company's sales are on account.
Required:
Compute the following financial data for this year:
1. Earnings per share. (Round your answer to 2 decimal places.)
2. Price-earnings ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
3. Dividend payout ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
4. Dividend yield ratio. (Round your intermediate calculations and final answer to 2 decimal places.)
5. Book value per share. (Round your answer to 2 decimal places.)
1. Earnings per share | ||
2. Price-earnings ratio | ||
3. Dividend payout ratio | % | |
4. Dividend yield ratio | % | |
5. Book value per share |
annyong558Lv10
25 Nov 2023
rupakrajput5Lv3
26 Jul 2022
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