If the firm's dividend policy was based on a constant payout ratio of 50 percent for all of the years with earnings over P1.50 per share and a zero payout otherwise, the annual dividend for 2020 were
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If the firm's dividend policy was based on a constant payout ratio of 50 percent for all of the years with earnings over P1.50 per share and a zero payout otherwise, the annual dividend for 2020 were
![A firm has had the following earnings history over the last five years:
[Year
2020
2019
2018
2017
2016
Earnings per share
P3.00
P2.00
P1.75
P1.25
-P1.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1ad681b-14fb-48f2-aab2-7e5cb23e73dd%2Faee2bacd-0db5-4432-9b83-60796e6cdbd1%2Fmx67p3o_processed.png&w=3840&q=75)
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- The following information relates to a company: Year 1 Earnings por share ($) O 0.30 0.13 0.339 0.318 0.132 Dividends per share (S) 0.139 Share price at start of year ($) 1.95 1.98 2.01 Which TWO of the following statements are correct? The dividend payout ratio is greater than 40% in every year in the period □ Mean growth in dividends per share over the period is 3.6% O The PE Ratio is greater than 6 in every year in the period O Total shareholder return for the third year is 19.4% 3 0.357 0.15 2.25P12-6Alternative dividend policies in the last 10 years, a company has had thanks to the earnings per share that are presented in the following table: Year Earnings per share2006 $ 4.002005 3.802004 3.202003 2.802002 3.202001 2.402000 1.201999 1.801998 -0.501997 0.25 to. If the company's dividend policy was based on a constant pay ratio of 40 percent for all years with positive earnings and 0% for years that did not achieve these gains, what would the annual dividend be for each year?b. If the company had a dividend payment of $ 1 per share, increasing $ 0.10 per share whenever the dividend payment decreased to less than 50 percent for two consecutive years, what annual dividend would it pay each year?Based on the earnings per share in the period from 2005 to 2012 indicated in the following table, determine the annual dividend per share in accordance with each of the policies described in items a) to d). Year Earnings per share2012 $ 1.402011 1.562010 1.202009 0.852008 1.052007 0.602006 1.002005 0.44 a) Pay 40% of earnings in all years with positive earnings.b) Pay $ 0.60 per share and increase to $ 0.70 when earnings per share rise above $ 0.90 for two consecutive years.c) Pay $ 0.60 per share except when earnings exceed $ 1.00 per share; in that case, an extraordinary dividend of 70% of earnings would be paid in excess of $ 1.00 per share.d) Combine the policies described in sections b) and c). When the dividend increases (in part b), increase the excess basis of the dividend (in part c) from $ 1.00 to $ 1.10 per share.e) Compare the dividend policies described in items a) to d).
- Jain & Jain Ltd reports the following data for the past year: Profit of the year R200 000 Earnings per share R2 per share Total equity R2 000 000 Market to book ratio What is the company’s market price per share?The accompanying data represent the annual rates of return of two companies' stock for the past 12 years. Complete parts (e) through (k). Year Rate of Return of Company 1 Rate of Return of Company 21996 0.203 0.3981997 0.310 0.5101998 0.267 0.4101999 0.195 0.4362000 -0.101 -0.0602001 -0.130 -0.1512002 -0.234 -0.3572003 0.264 0.3282004 0.090 0.2072005 0.030 -0.0142006 0.128 0.0932007 -0.035 0.027 (k) Are there any years where the rate of return of Company 2 was unusual?In the following table you are given for a company the earnings per share and the dividend per share for the last three years: earnings per share Dividend Year per share 2019 2020 2021 $0.15 $0.18 $0.21 $0.03 $0.036 $0.042 According to the estimates of the financial department of the company, the expected earnings per share for 2022 will be €0.24 and for 2023 will be €0.27. The profit growth rate from there on is expected to be 8% per year. If the required return from investors to buy a share with a risk equal to that of this company is 11%, what is the economic value of the share at the end of 2021 with the assumption that the percentage of profits distributed as a dividend remains constant?
- The statement of retained earnings reconciles the net income earned during a given year, and any cash dividends paid, with the change in retained earnings between the start and the end of that year Select one: O True O False Next page CHAPTER 5 - STOCK VALUATION- ies CH3 Jump to... ENG 07:09 Sunny INITL 25/072021Jolie Foster Care Homes Incorporated shows the following data: Total Assets $ 1,970,000 2,460,000 2,740,000 2,830,000 Year 20X1 20X2 20X3 20X4 Net Income $ 192,000 221,000 196,000 189,000 Year 20X1 20X2 20X3 20X4 a-1. Compute the ratio of net income to total assets for each year. Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets Stockholders' Equity $ 1,460,000 1,845,000 1,910,000 1,900,000 % % % % Total Debt $ 510,000 615,000 830,000 930,000The income statement is a financial summary of the firm's operating results during a specified period Select one: O True O False on age CHAPTER 5- STOCK VALL ctivities CH3 Jump to...
- A company reports earnings per share on common stock of $2.00 when the market price of per share of common stock is $50.000. What is the company’s price-earnings ratio? Group of answer choices 25.0 5.0 $2.00 2.5The firm’s earnings per share, rounded to the nearest centavos, for 202X was P0.53 P0.51 P0.30 P0.32Jolie Foster Care Homes Incorporated shows the following data: Net Income $ 130,000 143,000 207,000 Total Assets $ 2,330,000 2,050,000 2,740,000 200,000 2,160,000 Year 20X1 20X2 20X3 20X4 a-1. Compute the ratio of net income to total assets for each year. Note: Input your answers as a percent rounded to 2 decimal places. Year 20X1 20X2 20X3 20X4 Return on Assets % % % Stockholders' Equity $ 1,795,000 1,587,000 1,790,000 1,620,000 % Total Debt $ 535,000 463,000 950,000 540,000
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