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:
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%2F021579b4-1a05-4ce1-8283-93b826ce8e40%2Fa0b3acf5-066d-4b45-b503-8bc98563b2a9%2Ftd29pfi_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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