Answered: Bebe Co. declared dividends of Php 2…

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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1. Bebe Co. declared dividends of Php 2 per share for their performance last year after the declaration of dividends the market value per share increased to Php 45 per share. What is the dividend yield ratio of Bebe Co?

2. Labcore Inc.’s statement of financial position as of December 31, 2019, reported the following: Asset – Php 400 million; Liabilities – Php 100 million; Equity – Php 300 million with outstanding shares of 10 million. Labcore Inc.’s stock is already selling at Php 37 per share. How much is the Book-to-Market?

Definition Definition Financial statement that provides a snapshot of an organization's financial position at a specific point in time. It summarizes a company's assets, liabilities, and shareholder's equity, detailing what the company owns, what it owes, and what is left over for its owners. The balance sheet serves as a crucial tool to assess the financial health and stability of a company, as well as to help management make informed decisions about its future investments and financial obligations.

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