Question 3The following table represents the earnings history over the last five years.EPS ( R)Year20152014220133201212011-1Additional information provided:Payout per share0,3787505Firm pays additional0,92122242 if EPS exceeds 3Determine the total dividends paid in 2012 and 2014.Answer2012120141

dividend per share in 2012 = 0.3787505 since the EPS is less than 3

Answered: |The following table represents the…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Similar questions

2015 Assets January 1 $5050 Dividends $1077 Sale of common stock during 2015 $978 Net Income $1316 Liabilities January 1 $3293 what is stockholders' equity at December 31, 2015?
12. Information related to the Berkley Company for the calendar year 2015 follows: Liabilities, December 31, 2015 Assets, December 31, 2015 Dividends distributed during 2015 Liabilities, December 31, 2014 Assets, December 31, 2014 $440 700 90 300 450 Assuming no capital stock was issued during 2015, the net income earned by the Berkley Company during 2015 was 0110
By what percentage did Mydeco's revenues grow each year from 2016 to 2019? (Round to two decimal places.) By what percentage did net income grow each year? (Round to two decimal places.) Why might the growth rates of revenues and net income differ? (Round to two decimal places.)
Calculate the firm's : 1) Current ratio 2) Quick Ratio 3) Days sales outstanding. Assume a 365 day per year for this calculation. 4) Total Assets turnover
Understanding EPS CalculationsOn its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per share.Fill in the missing information. Rounding instruction: Round answer a. to two decimal places.Round answer b., c., & d. to the nearest million.Round answer e. to three decimal places. $ millions, except per share amounts 2015 2014 2013 Net income $16,388 $4,833 d. Answer Preferred stock dividends $1,483 b. Answer $1,349 Net income applicable to common shareholders $14,905 c. Answer $11,072 Average common shares outstanding 10,462.282 10,527.818 e. Answer Basic earnings per share a. Answer $0.38 $0.94
Refine Assumptions for Dividend and Retained Earnings Forecast Provided below is FY2016 information for Medtronic PLC. Medtronic plc Consolidated Statement of Income ($ millions) Apr. 29, 2016 Net sales $29,277 Costs and expenses Cost of products sold 9,142 Research and development expenses 2,224 Selling, general, and administrative expense 9,469 Special charges (gains), net 70 Restructuring charge, net 290 Certain litigation charges, net 26 Acquisition-related items 283 Amortization of intangiable assets 1,931 Other expense, net 107 Operating profit 5,735 Interest expense, net 955 Income from operations before income taxes 4,780 Provision for income taxes 908 Net income $3,872 Medtronic plc Consolidated Balance Sheet ($ millions) Apr. 29, 2016 Apr. 24, 2015 Current assets Cash and cash equivalents $2,975 $4,942 Investments 9,758 14,637 Accounts receivable 5,562 5,112 Inventories 3,473 3,463 Tax assets 697 1,335 Prepaid expenses and other current assets…
An analyst gathered the following information about the company: 2021 net sales R10 000 000 2021 net profit margin 5.0% 2022 expected sales growth -15.0% 2022 expected profit margin 5.4% 2022 expected ordinary shares outstanding 120 000 The analyst's estimate of the company's 2022 earnings per share should be closest to... a. R2.26 b. R2.72 C. R3.83 d. R4.17
None
Explain the conclusions concerning Jensen Limited that can be drawn from the dividend payout ratios for 2022 and 2023.

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS