D Question 34 The equity portion of the balance sheet for BusFin Inc.is shown below. If the stock price is $28 per share, calculate the market to book ratio. Equity Portion of BusFinance Inc. Balance Sheet, 2022 Common stock ($0.25 par) $1,062,462 Capital surplus $1,888,902 Retained earnings $2,991,589 10.01 29.35 40.32 28.00 20.02 27
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- Financial leverage Costco Wholesale Corporation (COST) and Wel-Mart Stroes Inc. (WMT)reported the following data (in milllions) for a recent year: Compute the return on stockholders equity. Round to one decimal place.On a particular date, FedEx has a stock price of $88.24 and an EPS of $7.36. Its competitor, UPS, had an EPS of $0.30. What would be the expected price of UPS stock on this date, if estimated using the method of comparables? Question content area bottom Part 1 A.$5.40 B. $7.19 C.$8.00 D.$3.60Problem 1 (Adapted)The shareholders’ equity of Yelan Company showed the following account balances on December 31, 2018:Share capital, P100 5,000,000Share Premium 1,000,000Retained earnings 2,000,000Revaluation surplus 800,000 Compute the book value per share on December 31, 2018.
- If the common stock of Comdisco pays an annual dividend of $0.28, has a PE ratio of 11, and closed at 25, what are the current earnings per share? a. $7.00 b. $2.27 c. $3.08 d. $1.12You are given the following information: Stockholders? equity = GHS1,250; price/earnings ratio = 5; shares outstanding = 25; and %3D market/book ratio = 1.5. %3D Calculate the market price of a share of the company?s stock. O A. GHS 33.33 B. GHS 75.00 C. GHS 10.00 D. GHS166.67 O E. GHS133.32rehensive Problem 2- St of Cash Flows and Ratios Algo C. Klein Inc. C. Klein Inc. Income Statement Comparative Balance Sheets December 31, 2018 and 2017 For years ended December 31, 2017 and 2018 2018 2017 Change 2018 2017 $469,000 $422,000 (303,000) (248,000) 166,000 174,000 Current assets: Sales (all on credit) Cost of goods sold Gross margin Cash $52.260 34,000 $37,900 $14,360 Accounts receivable (net) 28,000 6,000 Inventory Prepaid expenses 44,000 42,000 2100 2,000 -1,200 900 Depreciation expense Other operating 5631 36,000 51,000 Other current assets 1310 2000 -690 102,000 85,000 Totol current assets 132,470 112,000 20,470 expenses Total operating 138,000 136,000 expenses ok Operating income 28.000 38,000 Long-term Investments 75,000 52,000 23,000 Other income (expenses) Plant assets 302,000 253,000 49,000 nces Interest expense (4,700) (3,500) Less: accumulated (76,800) (51,000) 25,800 depreciation Gain on sale of 4,900 3,400 Total plant assets 225,200 202,000 23,200 investments…
- Using the P/E ratio approach to stock valuation, caclulate the value of a share of stock of Wallmart where expected earnings per share (EPS) are $ 4.25 and similar shares of stock sell at multiples (P/E) of 35.69 times earnings per share (EPS) a. $ 35.69 b. $ 151.68 c. $ 141.68 d. $ 4.25A company reports earnings per share on common stock of $2.00 when the market price of per share of common stock is $50.000. What is the company’s price-earnings ratio? Group of answer choices 25.0 5.0 $2.00 2.5engageNOWv2 | Onlin X genow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker &takeAssignmentSessionLocator=&inprogress=false еВook Five Measures of Solvency or Profitability The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable, 6% $900,000 Preferred $10 stock, $50 par 46,000 Common stock, $10 par 644,000 Income before income tax expense was $162,000,and income taxes were $24,000 for the current year. Cash dividends paid on common stock during the current year totaled $25,760. The common stock was selling for $16 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio times b. Earnings per share on common stock c. Price-earnings ratio d. Dividends per share of common stock e. Dividend yield 5:32 PM 12/12/2020…
- Suppose the following financial information is available for Walgreens. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2022 $9,200.0 460 0 1,840 2021 2022 8,600.0 387 0 2,150 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, eg 12.5%) 2021< A company reports the following: Net income Preferred dividends Average stockholders' equity Average common stockholders' equity Round percentages to one decimal place. a. Determine the return on stockholders' equity. % $199,450 14,770 1,293,540 860,050 b. Determine the return on common stockholders' equity. %Un=nttps%253A%252F%252Flms.mheducation.com%252F... Pa hapter 16, 17, 18) 6 Saved Help Save & Exit Submit The shareholders' equity section of Time Company's comparative balance sheets for the years ended December 31, 2021 and 2020, reported the following data: ($ in millions) 2021 2020 $600 300 600 $612 Common stock, $1 par per share Paid-in capital-excess of par Retained earnings 348 628 During 2021, Time declared and paid cash dividends of $90 million. The company also declared and issued a small stock dividend. No other changes occurred in shares outstanding during 2021. What was Time's net income for 2021? Multiple Choice $28 million $130 million $118 million Next 30 of 39 < Prev Question no...pages nages
