Global Tech Inc. has declared an annual dividend of $1.50 per share. Their after-tax profits for the year were $240,000 and they have 40,000 shares in issue. 1. Calculate the profit per share. 2. Determine the payout ratio.

Global Tech Inc. has declared an annual dividend of $1.50 per share. Their after-tax profits for the year were $240,000 and they have 40,000 shares in issue. 1. Calculate the profit per share. 2. Determine the payout ratio.

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.)
Albion Inc. provided the following information for its most recent year of operations. The tax rate is 40%. Required: 1. Compute the following: (a) return on sales, (b) return on assets, (c) return on stockholders equity, (d) earnings per share, (e) price-earnings ratio, (f) dividend yield, and (g) dividend payout ratio. 2. CONCEPTUAL CONNECTION If you were considering purchasing stock in Albion, which of the above ratios would be of most interest to you? Explain.
A company has recently declared a dividend of 12 cents per share. The share price is $3.72 cum div and earnings for the most recent year were 60 cents per share. What is the P/E ratio?
What is the percentage return on these financial accounting question?
Markus Company’s common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following from this year’s financial statements:data excerpts Required: 1. What is the earnings per share? 2. What is the price-earnings ratio? 3. What is the dividend payout ratio and the dividend yield ratio? 4. What is the return on total assets (assuming a 30% tax rate)? 5. What is the return on equity? 6. What is the book value per share at the end of this year? 7. What is the amount of working capital and the current ratio at the end of this year? 8. What is the acid-test ratio at the end of this year? 9. What is the accounts receivable turnover and the average collection period? 10. What is the inventory turnover and the average sale period? 11. What is the company’s operating cycle? 12. What is the total asset turnover? 13. What is the times interest earned ratio? 14. What is the debt-to-equity ratio at the…
Company Systema estimates their required rate of return on average to be 10%. Last year’s dividend was $4 and the current share price of the company is $106. Find the estimated growth rate of dividend for Systema.
Ch 03- Chapter Problems 1. Cute Camel is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of earnings before interest and taxes (EBIT). 2. The company's operating costs (excluding depreciation and amortization) remain at 70% of net sales, and its depreciation and amortization expenses remain constant from year to year. 3. The company's tax rate remains constant at 25% of its pre-tax income or earnings before taxes (EBT). 4. In Year 2, Cute Camel expects to pay $100,000 and $1,281,375 of preferred and common stock dividends, respectively. Complete the Year 2 income statement data for Cute Camel, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dollar. Net sales Less: Operating costs, except depreciation and amortization Less: Depreciation and amortization expenses Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Less: Taxes (25%) Earnings after taxes Less: Preferred stock…
Given the results of the previous income statement calculations, complete the following statements: • In Year 2, if Cold Goose has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. • If Cold Goose has 400,000 shares of common stock issued and outstanding, then the firm's earnings per share (EPS) is expected to change from in Year 2. in Year 1 to • Cold Goose's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 2. in Year 1 to • It is to say that Cold Goose's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $3,485,500 and $4,284,812, respectively. This is because of the items reported in the income statement involve payments and receipts of cash.
The following information relates to the operations of Branded Ltd. The net profit after tax was $1,000,000. The company distributed ordinary dividends of $600,000 to its shareholders. Over the year, weighted average number of ordinary shares were 2,000,000. Ordinary shares are currently selling for $8.00 per share. What is the earning per share for the company? 0.20. 0.33. 0.40. 0.50.
Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23,650; and common dividends paid were $58.800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) $109,200 Payout ratio % Choose... Common dividends per share 1,47 ± 0.01 Choose... Increase in retained earnings Choose.... EPS A-alinland Fisheries Corp. anticipator post ÷
A company has recently declared a dividend of 12p per share. The share price is £3.72cum div and earnings for the most recent year were 60p per share.What is the Price earnings (P/E) ratio?
Fab Corp had net income of $5.42/share last year, and it paid $2.04/share in dividends last year. A) What was its Dividend Payout Ratio last year? B) What was its Retention Rate last year? (Your answers should be a % carried to one place.) Dividend Payout Ratio = Dividends per share/Earnings per share x 100% = 2.04/5.42 = 0.37638376 = 37.64% Retention Rate: 1 – Dividend per share = 1-37.64% =52.36% Question I need help with (answered last question for context to this one) : If Fab Corp can earn 12% after tax on new investments, estimate how fast its net income can grow annually in the future. (Your answer should be a % carried to one place.)