You find a stock selling for $72.50 that has a dividend yield of 3.2 percent and a P/E ratio of 15.8. What is the earnings per share (EPS) for the company? (Round your answer to 2 decimal places.)
You find a stock selling for $72.50 that has a dividend yield of 3.2 percent and a P/E ratio of 15.8. What is the earnings per share (EPS) for the company? (Round your answer to 2 decimal places.)
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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![You find a stock selling for $72.50 that has a dividend yield of 3.2
percent and a P/E ratio of 15.8. What is the earnings per share
(EPS) for the company? (Round your answer to 2 decimal places.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F045c7f21-1491-41b0-afcf-e189f235ed06%2Fda2de00f-df56-428b-a358-1175f26e254a%2Fgy66rmq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You find a stock selling for $72.50 that has a dividend yield of 3.2
percent and a P/E ratio of 15.8. What is the earnings per share
(EPS) for the company? (Round your answer to 2 decimal places.)
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