Chris Luna is researching the DuPont Corporation. The following is the current stock listing: Price is $48.75, and the 52 week range $39 $49. Average earnings per share is $3.20 and the dividend is $1.47 (a) What is the P/E ratio to the nearest whole number? (b) What is the yield to the nearest hundredth?
Chris Luna is researching the DuPont Corporation. The following is the current stock listing: Price is $48.75, and the 52 week range $39 $49. Average earnings per share is $3.20 and the dividend is $1.47 (a) What is the P/E ratio to the nearest whole number? (b) What is the yield to the nearest hundredth?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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Chris luna is researching the DuPont corporation. The following is the current stock listing:
![Chris Luna is researching the DuPont Corporation.
The following is the current stock listing:
Price is $48.75, and the 52 week range $39 $49.
Average earnings per share is $3.20 and the dividend is
$1.47
(a) What is the P/E ratio to the nearest whole number?
(b) What is the yield to the nearest hundredth?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1e7b4eb9-cb9a-4f0e-91f1-6f4217547bb4%2F6a6f907e-4ae7-40a1-9749-b9d900cb1e80%2Fap2imqk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Chris Luna is researching the DuPont Corporation.
The following is the current stock listing:
Price is $48.75, and the 52 week range $39 $49.
Average earnings per share is $3.20 and the dividend is
$1.47
(a) What is the P/E ratio to the nearest whole number?
(b) What is the yield to the nearest hundredth?
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