Khaki Republic sells clothing and accessories through premium outlet locations and online. Selected financial data for Khaki Republic is provided as follows: ($ in millions except share data) Sales $ 4,140 Net income $ 260 Stockholders’ equity, beginning $ 1,730 Stockholders’ equity, ending $ 2,270 Average shares outstanding (in millions) 102 Dividends per share $ 0.80 Stock price, ending $ 49.05 Required: Calculate the following ratios for Khaki Republic. (Enter your net income and average stockholders' equity answers in millions (i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.)
Khaki Republic sells clothing and accessories through premium outlet locations and online. Selected financial data for Khaki Republic is provided as follows: ($ in millions except share data) Sales $ 4,140 Net income $ 260 Stockholders’ equity, beginning $ 1,730 Stockholders’ equity, ending $ 2,270 Average shares outstanding (in millions) 102 Dividends per share $ 0.80 Stock price, ending $ 49.05 Required: Calculate the following ratios for Khaki Republic. (Enter your net income and average stockholders' equity answers in millions (i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Problem 10-7A Calculate and analyze ratios (LO10-8)
Khaki Republic sells clothing and accessories through premium outlet locations and online. Selected financial data for Khaki Republic is provided as follows:
| ($ in millions except share data) | |||
| Sales | $ | 4,140 | |
| Net income | $ | 260 | |
| $ | 1,730 | ||
| Stockholders’ equity, ending | $ | 2,270 | |
| Average shares outstanding (in millions) | 102 | ||
| Dividends per share | $ | 0.80 | |
| Stock price, ending | $ | 49.05 | |
Required:
Calculate the following ratios for Khaki Republic. (Enter your net income and average stockholders' equity answers in millions (i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.)
Transcribed Image Text:KHAKI REPUBLIC
Return on Equity
Return on equity
Dividend Yield
Dividend yield
Price-Earnings Ratio
Price-earnings ratio
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