I was able to insert the numbers. I am having a hard time of explaining whats going on. Please explain each section to me and what it representing. Please explain cash div/share and dividend yield to me for understanding. From what I see, since the stock price is lower in 2022, they have more shares outstanding and more assests available for the stockholders. In 2022, is the stock market undervauled and that is the reason they have so many shares?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.2.2MBA
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I was able to insert the numbers. I am having a hard time of explaining whats going on. Please explain each section to me and what it representing. Please explain cash div/share and dividend yield to me for understanding. From what I see, since the stock price is lower in 2022, they have more shares outstanding and more assests available for the stockholders. In 2022, is the stock market undervauled and that is the reason they have so many shares?

Initial Stock Valuation
Year
2022
2021
2020
Cash Div/Share (S)
$
$
$
0.18
Dividend Yield
Stockholder's Equity
(in millions)
0% $
0% $
0% $
Stock Price
10,687,000 $ 33.67
10,414,000 $
42.84
8,876,000 $
46.61
Total Shares
Outstanding
(millions of
shares)
642000
609000
565000
Transcribed Image Text:Initial Stock Valuation Year 2022 2021 2020 Cash Div/Share (S) $ $ $ 0.18 Dividend Yield Stockholder's Equity (in millions) 0% $ 0% $ 0% $ Stock Price 10,687,000 $ 33.67 10,414,000 $ 42.84 8,876,000 $ 46.61 Total Shares Outstanding (millions of shares) 642000 609000 565000
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