Ivanhoe Inc. reported the following selected information for the past three years (in millions, except for per share amounts): Net sales Average shareholders' equity Profit from continuing operations Loss on disposal of discontinued operations Loss from discontinued operations Profit Weighted average number of common shares Market price per share 2021 2020 $3,800 $3,100 3,400 2,400 1,800 $1,140 $760 $560 330 100 70 $710 $690 300 290 $47.00 $30.80 2019 $2,500 60 $500 280 $46.49
Ivanhoe Inc. reported the following selected information for the past three years (in millions, except for per share amounts): Net sales Average shareholders' equity Profit from continuing operations Loss on disposal of discontinued operations Loss from discontinued operations Profit Weighted average number of common shares Market price per share 2021 2020 $3,800 $3,100 3,400 2,400 1,800 $1,140 $760 $560 330 100 70 $710 $690 300 290 $47.00 $30.80 2019 $2,500 60 $500 280 $46.49
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Ivanhoe Inc. reported the following selected information for the past three years (in millions, except for per share amounts):
Net sales
Average shareholders' equity
Profit from continuing operations
Loss on disposal of discontinued operations
Loss from discontinued operations
Profit
Weighted average number of common shares
Market price per share
2021
$3,800
3,400
$1,140
330
100
$710
300
$47.00
2020
2019
$3,100 $2,500
2,400
$760
70
$690
290
$30.80
1,800
$560
60
$500
280
$46.49
Transcribed Image Text:(a)
Calculate Ivanhoe's return on equity, earnings per share, and price-earnings ratios before and after discontinued operations for 2021, 2020, and 2019. (Round answers to 2 decimal places, e.g. 52.76 or 52.76%)
Before Discontinued Operations
2020
Ratio
1. Return on equity
2. Earnings per share $
3. Price-earnings ratio
Ratio
1. Return on equity
2. Earnings per share
3. Price-earnings ratio
$
2021
2021
%
times
After Discontinued Operations
2020
%
$
times
$
%
times
%
times
$
$
2019
2019
%
times
%
times
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