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ABC Company had net income of $10 million, preferred dividends of $1 million and an average number of 1.5 million common shares outstanding. Compute the Earnings per Share (EPS). Net Income - Prefered Dividends EPS= Average Number of Common shares Outstanding 10, ABC Company had net income of $10 million, preferred dividends of $1 million, and an average common stockholder's equity totaling 20 million. Compute the Return on Equity. Southwest Airlines had an EPS of $4.30 and a stock price of $57.88 Compute the Price/Earnings Ratio

ABC Company had net income of $10 million, preferred dividends of $1 million and an average number of 1.5 million common shares outstanding. Compute the Earnings per Share (EPS). Net Income - Prefered Dividends EPS= Average Number of Common shares Outstanding 10, ABC Company had net income of $10 million, preferred dividends of $1 million, and an average common stockholder's equity totaling 20 million. Compute the Return on Equity. Southwest Airlines had an EPS of $4.30 and a stock price of $57.88 Compute the Price/Earnings Ratio

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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ABC Company had net income of $10 million, preferred dividends of $1 million and an average number of 1.5 million common shares outstanding. Compute the Earnings per Share (EPS). Net Income - Prefened Dividends EPS= Average Number of Common shares Outstanding 10, ABC Company had net income of $10 million, preferred dividends of $1 million, and an average common stockholder's equity totaling 20 million. Compute the Return on Equity. Southwest Airlines had an EPS of $4.30 and a stock price of $57.88 Compute the Price/Earnings Ratio
Transcribed Image Text:ABC Company had net income of $10 million, preferred dividends of $1 million and an average number of 1.5 million common shares outstanding. Compute the Earnings per Share (EPS). Net Income - Prefened Dividends EPS= Average Number of Common shares Outstanding 10, ABC Company had net income of $10 million, preferred dividends of $1 million, and an average common stockholder's equity totaling 20 million. Compute the Return on Equity. Southwest Airlines had an EPS of $4.30 and a stock price of $57.88 Compute the Price/Earnings Ratio
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