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
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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.)
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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