I want answer in step by step mode please provide correct answer otherwise I give Dislike Vivi Corporation had a net income of $401,000 in 2015. Thecompany's Common Stock account balance all year longwas $267,000 ($10 par stock). The market price per share asof December 31, 2015, was $33.50. Calculate the price-earnings ratio for 2015.a. 2.23.b. 33.5.c. 0.44.d. 22.3.

Step 1: Determine the formula for computing the price-earnings ratio.The price-earnings (P/E) ratio…

Answered: Vivi Corporation had a net income of…

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter13: Financial Statement Analysis

Section: Chapter Questions

Problem 13.16E

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Required: 1. Calculate the average common stockholders equity. 2. Calculate the return on stockholders equity.
Bonita Corporation had net income of $1,950,000 and paid dividends to common stockholders of $323,700 in 2017. The weighted average number of shares outstanding in 2017 was 500,000 shares. Bonita Corporation's common stock is selling for $45 per share on the NASDAQ. Bonita Corporation's payout ratio for 2017 is? A. $3.9 per share. B. 13.6%. C. 16.6%. D. 9.7%.
Suppose the following financial information is available for Walgreen Company. (in millions) 2017 2016 Average common stockholders' equity $12,990.0 $11,690.0 Dividends declared for common stockholders 545 390 Dividends declared for preferred stockholders Net income 1,895 2,195 Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Round answers to 1 decimal place, e.g. 12.5%.) 2017 2016 Payout ratio
Suppose the following financial information is available for Walgreen Company. (in millions) 2017 2016 Average common stockholders' equity $12,880.0 $11,580.0 Dividends declared for common stockholders 490 410 Dividends declared for preferred stockholders Net income 1,840 2,140 Calculate the payout ratio and return on common stockholders' equity for 2017 and 2016. (Round answers to 1 decimal place, e.g. 12.5%.) 2017 2016
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Kinley Inc. provides the following information for the year 2016:Net Income $225,000Market Price per Share of Common Stock $50 per shareDividends Paid $50,000Common Stock Outstanding on Jan. 1, 2016 120,000 sharesCommon Stock Outstanding on Dec. 31, 2016 210,000 sharesThe company has NO preferred stock outstanding. Calculate the Earnings Per Share for the year 2016.
On June 17th, 2016 Walmart stock had a price of $71.30, a P/E ratio of 15.7, and a dividend yield of 2.81%. Which of the following statements is correct? The dividend per share was $2 and retained earnings per share was $2.54. The earnings per share was $2.54 and dividend per share was $2. The earnings per share was $4.54 and dividend per share was $2.54. The dividend per share was $4.54 and retained earnings per share was $2.54.
Additional information: • Weighted-average ordinary shares in 2017 were $60,000 QUESTIONS Based on the financial data above, do the following: a. Calculate the financial ratio of VENUS TRADING COMPANY in 2017 below: • Current ratio • Account receivable turnover • Inventory turnover • Asset turnover • Return on assets • Return on ordinary shareholders equity • Earnings per share • Debts to total assets ratio Provide an interpretation for each of the financial ratio calculations above. b. Based on the calculation results in point a, provide an analysis of performance finance VENUS TRADING COMPANY in 2017.
Carla Corporation reported net income of $644,000 in 2017 and had 234,000 shares of common stock outstanding throughout the year. Also outstanding all year were 63,300 options to purchase common stock at $10 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. 15.25.)
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Vivi 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. a. 2.23. b. 33.5. c. 0.44. d. 22.3.