Problem #8 Profitability Ratios Gonzales is analyzing the earnings performance of the Bobadilla Transport Corporation. He has gathered the following data from Bobadilla's financial statements and from a report of the closing market prices of shares: Profit for 2019 Preference dividends declared during 2019 Ordinary dividends declared Dec. 31, 2019 Number of Bobadilla ordinary shares outstanding: P743,000 60,000 620,000 Jan. 1, 2019 1,100,000 shs. 1,300,000 shs. Dec. 31, 2019 .Market price per ordinary share on Dec. 31, 2019 P15 Calculate the following ratios relating to the Bobadilla share: 1. Basic earnings per ordinary share 2. Price-earnings ratio 3. Dividend yield on ordinary share

Problem #8 Profitability Ratios Gonzales is analyzing the earnings performance of the Bobadilla Transport Corporation. He has gathered the following data from Bobadilla's financial statements and from a report of the closing market prices of shares: Profit for 2019 Preference dividends declared during 2019 Ordinary dividends declared Dec. 31, 2019 Number of Bobadilla ordinary shares outstanding: P743,000 60,000 620,000 Jan. 1, 2019 1,100,000 shs. 1,300,000 shs. Dec. 31, 2019 .Market price per ordinary share on Dec. 31, 2019 P15 Calculate the following ratios relating to the Bobadilla share: 1. Basic earnings per ordinary share 2. Price-earnings ratio 3. Dividend yield on ordinary share

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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