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The following financial information is available for Sunland Ltd. as at December 31 (in thousands, except for per share amounts): Profit Preferred share dividends (total) Weighted average number of common shares Dividends per common share Market price per common share (a) Earnings per share Price- earnings ratio Payout ratio 2021 2021 $2,097 times $73 532 Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years. (Round earnings per share and payout ratio answers to 2 decimal places, eg, 52.76. Round price-earnings ratio answers to 1 decimal place, eg. 52.7.) $2.50 $43.00 2020 $2.259 $43 530 $2.25 $49.75 2020 2019 $2,823 $30 531 $2.10 $56.25 times 2019 time

The following financial information is available for Sunland Ltd. as at December 31 (in thousands, except for per share amounts): Profit Preferred share dividends (total) Weighted average number of common shares Dividends per common share Market price per common share (a) Earnings per share Price- earnings ratio Payout ratio 2021 2021 $2,097 times $73 532 Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years. (Round earnings per share and payout ratio answers to 2 decimal places, eg, 52.76. Round price-earnings ratio answers to 1 decimal place, eg. 52.7.) $2.50 $43.00 2020 $2.259 $43 530 $2.25 $49.75 2020 2019 $2,823 $30 531 $2.10 $56.25 times 2019 time

FINANCIAL ACCOUNTING
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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The following financial information is available for Sunland Ltd. as at December 31 (in thousands, except for per share amounts): Profit Preferred share dividends (total) Weighted average number of common shares Dividends per common share Market price per common share (a) Earnings per share Price- earnings ratio Payout ratio 2021 2021 $2,097 $73 532 Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years. (Round earnings per share and payout ratio answers to 2 decimal places, eg. 52.76. Round price-earnings ratio answers to 1 decimal place, eg. 52.7.) times $2.50 $43.00 2020 2020 $2.259 $43 530 $2.25 $49.75 $ 2019 $2,823 $30 531 $2.10 $56.25 times 2019 time
Transcribed Image Text:The following financial information is available for Sunland Ltd. as at December 31 (in thousands, except for per share amounts): Profit Preferred share dividends (total) Weighted average number of common shares Dividends per common share Market price per common share (a) Earnings per share Price- earnings ratio Payout ratio 2021 2021 $2,097 $73 532 Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years. (Round earnings per share and payout ratio answers to 2 decimal places, eg. 52.76. Round price-earnings ratio answers to 1 decimal place, eg. 52.7.) times $2.50 $43.00 2020 2020 $2.259 $43 530 $2.25 $49.75 $ 2019 $2,823 $30 531 $2.10 $56.25 times 2019 time
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