Selected financial data for DC Menswear is provided as follows: ($ in millions except share data) Sales $14,826 Net income $1,190 Stockholders’ equity, beginning $3,800 Stockholders’ equity, ending $4,200 Average shares outstanding (in millions) $620 Dividends per share $1.20 Stock price, ending $23.13 Required: Calculate the following ratios for DC Menswear. (Enter "Net income" and "Average stockholders' equity" answers in millions (i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.) DC Menswear Return on Equity ÷ = Return on equity Dividend Yield Dividend yield Price-Earnings Ratio Price-Earnings Ratio
Selected financial data for DC Menswear is provided as follows: ($ in millions except share data) Sales $14,826 Net income $1,190 Stockholders’ equity, beginning $3,800 Stockholders’ equity, ending $4,200 Average shares outstanding (in millions) $620 Dividends per share $1.20 Stock price, ending $23.13 Required: Calculate the following ratios for DC Menswear. (Enter "Net income" and "Average stockholders' equity" answers in millions (i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.) DC Menswear Return on Equity ÷ = Return on equity Dividend Yield Dividend yield Price-Earnings Ratio Price-Earnings Ratio
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Selected financial data for DC Menswear is provided as follows:
| ($ in millions except share data) | |
| Sales | $14,826 |
| Net income | $1,190 |
| $3,800 | |
| Stockholders’ equity, ending | $4,200 |
| Average shares outstanding (in millions) | $620 |
| Dividends per share | $1.20 |
| Stock price, ending | $23.13 |
Required:
Calculate the following ratios for DC Menswear. (Enter "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.)
|
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