Fairview Supermarkets Inc., a leading grocery retailer in the U.S., is headquartered in Dallas. Suppose the following financial information was taken from the company's 2021 annual report: . • . • • Net Sales = $52,500 million Net Income = $460 million Beginning Stockholders' Equity = $3,200 million Ending Stockholders' Equity = $3,580 million No dividends paid on preferred stock Compute the return on common stockholders' equity (ROE). (Round answer to 2 decimal places, e.g. 12.56 %.)

Fairview Supermarkets Inc., a leading grocery retailer in the U.S., is headquartered in Dallas. Suppose the following financial information was taken from the company's 2021 annual report: . • . • • Net Sales = $52,500 million Net Income = $460 million Beginning Stockholders' Equity = $3,200 million Ending Stockholders' Equity = $3,580 million No dividends paid on preferred stock Compute the return on common stockholders' equity (ROE). (Round answer to 2 decimal places, e.g. 12.56 %.)

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Required: 1. Calculate the average common stockholders equity. 2. Calculate the return on stockholders equity.
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(Market value analysis) The balance sheet for Larry Underwood Motors shows a book value of stockholders' equity (book value per share x total shares outstanding) of $1,391,000. Furthermore, the firm's income statement for the year just ended has a net income of $505,000, which is $0.232 per share of common stock outstanding. The price-earnings ratio for firms similar to Underwood Motors is 20.54. a. What price would you expect Underwood Motors shares to sell for? b. What is the book value per share for Underwood's shares? a. What price would you expect Underwood Motors shares to sell for? The market price per share is $ (Round to the nearest cent.)
(Market value analysis)The balance sheet for Larry Underwood Motors shows a book value of stockholders' equity (book value per sharetimestotal shares outstanding) of $ 1,369,000. Furthermore, the firm's income statement for the year just ended has a net income of $ 505,000, which is $ 0.243 per share of common stock outstanding. The price-earnings ratio for firms similar to Underwood Motors is 18.55. a. What price would you expect Underwood Motors shares to sell for? b. What is the book value per share for Underwood's shares? Question content area bottom Part 1 a.What price would you expect Underwood Motors shares to sell for? The market price per share is $4.51.(Round to the nearest cent.) Part 2 b.What is the book value per share for Underwood's shares? The book value per share is $ ??? enter your response here. (Round to the nearest cent.)
The following financial information is available for Flintlock Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income BIU T₂ T² Ix !!! 111 2022 lil $2,532 298 40 504 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. Comment on your findings. W 2021 $2,591 144 611 40 555 트 M II á TT ¶ O Word(s)