Sarah Johnson is researching Zenith Technologies. The following is the current stock listing: Price: $55.25 • 52-week range: $45.50 - $58.00 • Average earnings per share (EPS): $4.10 • Dividend: $1.80 (a) What is the P/E ratio to the nearest whole number? (b) What is the yield to the nearest hundredth?
Sarah Johnson is researching Zenith Technologies. The following is the current stock listing: Price: $55.25 • 52-week range: $45.50 - $58.00 • Average earnings per share (EPS): $4.10 • Dividend: $1.80 (a) What is the P/E ratio to the nearest whole number? (b) What is the yield to the nearest hundredth?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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Please provide answer the following requirements on these financial accounting question
Transcribed Image Text:Sarah Johnson is researching Zenith Technologies.
The following is the current stock listing:
Price: $55.25
•
52-week range: $45.50 - $58.00
•
Average earnings per share (EPS): $4.10
•
Dividend: $1.80
(a) What is the P/E ratio to the nearest whole number?
(b) What is the yield to the nearest hundredth?
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