The table that follows shows the stock price, earnings per share, and dividends per share for three companies for a recent year: PriceEarningsper ShareDividendsper ShareJones Co.$161.13 $4.10 $4.83 Smith Co.42.28 0.70 0.85 Tucker Co.78.32 4.40 2.90 a. Determine the price-earnings ratio and dividend yield for the three companies. Round to one decimal place. If an amount should be zero, enter in "0". Price-Earnings RatioDividend YieldJones Co. %Smith Co. %Tucker Co. %

Price earnings ratio is the amount the investor ready to invest to earn one dollar from the company.…

Answered: The table that follows shows the stock…

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 table that follows shows the stock price, earnings per share, and dividends per share for three companies for a recent year:

	Price	Earnings per Share	Dividends per Share
Jones Co.	$161.13		$4.10	$4.83
Smith Co.	42.28		0.70	0.85
Tucker Co.	78.32		4.40	2.90

a. Determine the price-earnings ratio and dividend yield for the three companies. Round to one decimal place. If an amount should be zero, enter in "0".

	Price-Earnings Ratio	Dividend Yield
Jones Co.		%
Smith Co.		%
Tucker Co.		%

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