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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(Market value analysis) Lei Materials' balance sheet lists total assets of $1.17 billion, $197 million in current liabilities, $435 million in long-term debt, $538 million in common equity, and 50 million shares of common stock. If Lei's current stock price is $54.48, what is the firm's market-to-book ratio? The market-to-book ratio is (Round to two decimal places.)
Verne Corporation has sales of $90952, net income of $788170, total assets of $2039191, and 90952 shares of common stock outstanding. If Verne’s P/E ratio is 11, what is the company's current stock price?
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
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Kawther Inc. has net income of $200,000, average equity/ordinary shares outstanding of 40,000, and preferred dividends for the period of $20,000. What is Kawther’s earnings per share?
A company has revenues of 24 million and depreciation and amortization expenses of 9 million. Operating margin is 42%, net margin is 7%, and gross margin is 57%. It has 19 million of debt, 6 million in cash, and 11 million shares outstanding. Comparable companies are trading at An average EV/EBITDA multiple of 12. How much are this company's shares worth using relative valuation? Round to one decimal place.
A firm had the following financials last year: Sales Revenue = $3,060Accounts receivable = $500Interest expense = $126Total operating expenses = $600Accounts payable = $240Cost of goods sold = $1,800Dividend on preferred stock = $18Tax rate = 40% Number of outstanding number of common shares = 1,000 The E.P.S of the firm, rounded to four decimal places is
Market price per share of stock=$50.00. Net income=$4.5 billion. Number of shares=2.25 billion. What is the EPS (earnings per share) and price/earnings ratio?
What is the earnings per share if the net income is $1,019.20 and the shares outstanding are 1,032,271.
(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.)
Below is the financial data for Arla Inc. for the year ended December 31, 2020: Market price per share... Net Income...... $150.00 $1,750,000 Preferred Dividends declared... $75,000 Average # of common shares....... Dividends per share...... Average common shareholders' equity..... Total assets..... Total Liabilities... Accumulated Other Comprehensive Income..... 100,000 $2.50 10,000,000 $22,500,000 $11,675,000 $185,000 Instructions Calculate the Return on shareholders' equity (use up to 2 decimal places and do not include a % sign)
Assume a firm has a retention ratio of 37.01%. If the firm has $121,735 in net income and 11,611 shares of common stock, what is the dividends per share for the firm? Note: Round your answer to two decimal points

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