Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,640; net income $230; preferred dividend $0; and weighted-averageshares outstanding 383 million.Compute the earnings per share for Limited Brands. (Round answer to 2 decimal places, e.g. 15.25.)Earnings per share

Earnings per share is computed by dividing the net income available to stockholders by the weighted…

Answered: Suppose the following information (in…

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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Adiminus Inc had sales of R15 million, a net profit margin of 8%, total assets of R20 million, retained earnings for the year ended 31st December 2021 of R345 000 and paid out cash dividends of R300 000 to ordinary shareholders. The company had total equity of R8 million and 250,000 shares in issue. Calculate the firm’s: a) EPS b) Dividends per share c) Market to book ratio, if each share of the firm sells for R95
Using the information for Blue Northern Clothing Company presented in the table below, determine the following: Price-earnings ratio. The number of shares bought and sold on this trading day. Amount of income per share paid to a stockholder in the last 12 months. Additional Resources Year-to-Date % Change 1.92% EPS $1.79 52-Week Hi $58.59 PE Ratio 17.92 52-Week Lo $21.21 Volume 2,430,000 Dividend $0.83 Close Price $32.07 Yield Percentage 2.59% Net Change 1.74 1. Price-earnings ratio: 2. Number of shares: 3. Amount of income:
For the most recent year Camargo Inc., had sales of $556,000, cost of goods sold $248960, depreciation expense of $64400, and additions to retained earnings of $76,800. The firm currently has 24,000 shares of common stock outstanding and the previous year's dividends per share were $1.50. Assuming a 23 percent income tax rate, what was the times interest earned ratio?
Pharoah Jewelers management announced that the company had net earnings of $8,107,000 for this year. The company has 3,586,000 shares outstanding, and the year-end stock price is $43.53. What are Pharoah’s earnings per share and P/E ratio? (Round answers to 2 decimal places, e.g. 12.25) Earnings per share $ enter a dollar amount rounded to 2 decimal places P/E ratio enter P/E ratio in times rounded to 2 decimal places times
The following information was available for the year ended December 31, 2016: Sales $ 460,000 Net income 66,140 Average total assets 760,000 Average total stockholders' equity 365,000 Dividends per share 1.33 Earnings per share 3.00 Market price per share at year-end 27.60 a. Calculate margin, turnover, and ROI for the year ended December 31, 2016. (Round your intermediate calculations and final answers to 2 decimal places.) b. Calculate ROE for the year ended December 31, 2016. (Round your answer to 2 decimal places.) c. Calculate the price/earnings ratio for 2016. (Round your answer to 2 decimal places.) d. Calculate the dividend payout ratio for 2016. (Round your answer to 2 decimal places.) e. Calculate the dividend yield for 2016. (Round your answer to 2 decimal places.)
Income statement. Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of dollars) Shares outstanding: 16,673,000 Tax rate: 37.5% Interest expense: $6,072 Revenue: $889,345 Depreciation: $31,256 Selling, general, and administrative expense: S77,498 Other income: $1,118 Research and development. $4,193 Cost of goods sold: $750,757 Note: Enter all expenses as negative numbers. (Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.) Income Statement Barron Pizza, Incorporated Year Ending 2015 (S in thousands, except earnings per share) Gross profit %24 %24 %24
Reagan Corp. has reported a net income of $801,000 for the year. The company's price is $13.08, and the company has 322,950 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places.
A company reports the following year-end data: Sales of $100,000; Earnings per share of $5; Market price per (common) share of $50; and Annual cash dividends per share of $2. Compute the (a) dividend yield and (b) price-earnings ratio. Complete this question by entering your answers in the tabs below. Price Earnings Ratio Compute the dividend yield. Dividend Yield Choose Numerator: Dividend Yield Price Earnings Ratio Dividend Yield Choose Denominator: A company reports the following year-end data: Sales of $100,000; Earnings per share of $5; Market price per (common) share of $50; and Annual cash dividends per share of $2. Compute the (a) dividend yield and (b) price-earnings ratio. Complete this question by entering your answers in the tabs below. Compute the price-earnings ratio. Choose Numerator: Price-Earnings Ratio / Choose Denominator: Dividend yield Price Earnings Ratio >
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands, except share information.) Net sales Net income (loss) Total assets Share information Preferred dividends 2022 Shares outstanding at year-end 67,000,000 2022: $ $1,127,000 2021: 81,486 $ 855,338 0 2021 $1,134,600 66,447 There were 75,640,000 shares outstanding at the end of 2020. (a) 838,078 68,810,000 What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 0
The following information is available for Jase Company: Market price per share of common stock $25.00 Earnings per share on common stock 1.25 Which of the following statements is correct? a. The price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year. b. The market price per share and the earnings per share are not statistically related to each other. c. The price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. d. The price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year.
(Market value analysis) The balance sheet for Larry Underwood Motors shows a book value of stockholders' equity (book value per share x total shares outstanding) of $1,381,000. Furthermore, the firm's income statement for the year just ended has a net income of $565,000, which is $0.265 per share of common stock outstanding. The price-earnings ratio for firms similar to Underwood Motors is 19.57. a. What price would you expect Underwood Motors shares to sell for? b. What is the book value per share for Underwood's shares? a. What price would you expect Underwood Motors shares to sell for? The market price per share is $ (Round to the nearest cent.)
Sunland Systems had net income of $4.455 billion and, at year end, 5.500 billion shares outstanding. Calculate the earnings per share for the company. (Round answer to 2 decimal places, e.g.12.52.) Earnings per share 568 | per %24

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