($ in millions) Sales Net income Stockholders' equity, beginning Stockholders' equity, ending Average shares outstanding (in millions) Dividends per share Stock price, ending $ $ 6A6A6A6A $ $ $ 6969 $ 15,026 927 4,600 4,400 640 1.30 25.23 equired: alculate the following ratios for DC Mensweavrcome" "Net income" and "Average stockholders' equity" answer illions (i.e., 5,000,000 should be entered as 5). Nound your answers to 2 decimal places.)

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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Selected financial data for DC Menswear is provided as follows:
($ in millions)
Sales
Net income
Stockholders' equity, beginning
Stockholders' equity, ending
Average shares outstanding (in millions)
Dividends per share
Stock price, ending
DC Menswear
($ in millions)
Return on Equity
Dividend Yield
$ 15,026
927
4,600
4,400
640
1.30
25.23
Price-Earnings Ratio
6666
$
Required:
Calculate the following ratios for DC Mensweavrcome" "Net income" and "Average stockholders' equity" answers in
millions (i.e., 5,000,000 should be entered as 5). Kound your answers to 2 decimal places.)
69 69
$
Return on equity
Dividend yield
0
0
Price-Earnings Ratio
0
Transcribed Image Text:Selected financial data for DC Menswear is provided as follows: ($ in millions) Sales Net income Stockholders' equity, beginning Stockholders' equity, ending Average shares outstanding (in millions) Dividends per share Stock price, ending DC Menswear ($ in millions) Return on Equity Dividend Yield $ 15,026 927 4,600 4,400 640 1.30 25.23 Price-Earnings Ratio 6666 $ Required: Calculate the following ratios for DC Mensweavrcome" "Net income" and "Average stockholders' equity" answers in millions (i.e., 5,000,000 should be entered as 5). Kound your answers to 2 decimal places.) 69 69 $ Return on equity Dividend yield 0 0 Price-Earnings Ratio 0
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