The stock of North American Dandruff Company is currently selling at $50 per share. The firm pays a dividend of $2.50 per share. a. What is the dividend yield? b. If the firm has a payout rate of 50 percent, what is the firms P/E ratio? If the components of the price/earnings ratio are inverted, the resulting percentage is referred to as which of the following? a. Book value per share. b. Dividend yield ratio. e. Capitalization rate. d. Multiple. Vixi Corporation had a net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10 par stock). The market price per share as of December 31, 2015, was $33.50. Calculate the price-earnings ratio for 2015.
The stock of North American Dandruff Company is currently selling at $50 per share. The firm pays a dividend of $2.50 per share. a. What is the dividend yield? b. If the firm has a payout rate of 50 percent, what is the firms P/E ratio? If the components of the price/earnings ratio are inverted, the resulting percentage is referred to as which of the following? a. Book value per share. b. Dividend yield ratio. e. Capitalization rate. d. Multiple. Vixi Corporation had a net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10 par stock). The market price per share as of December 31, 2015, was $33.50. Calculate the price-earnings ratio for 2015.
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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