Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $50 par value (no change during the year) $9,000,000 Preferred $10 stock, $200 par (no change during the year) 4,000,000 The net income was $560,000 and the declared dividends on the common stock were $45,000 for the current year. The market price of the common stock is $14.00 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. If required, round your answers to tWo decimal places. a. Earnings per Share b. Price-Earnings Ratio C. Dividends per Share d. Dividend Yield Check My Work 3 more Check My Work uses remaining. Previous Next V 12:18 %24 %24
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $50 par value (no change during the year) $9,000,000 Preferred $10 stock, $200 par (no change during the year) 4,000,000 The net income was $560,000 and the declared dividends on the common stock were $45,000 for the current year. The market price of the common stock is $14.00 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. If required, round your answers to tWo decimal places. a. Earnings per Share b. Price-Earnings Ratio C. Dividends per Share d. Dividend Yield Check My Work 3 more Check My Work uses remaining. Previous Next V 12:18 %24 %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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