Cash dividends : The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends. The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

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Answer 1

Question

Chapter 13, Problem 13.4CP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

(b)

To determine

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

(c)

To determine

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

(d)

To determine

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

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Using the data in the following table, E, calculate the return for investing in this stock from January 1 to December 31. Prices are after the dividend has been paid. The return for investing in this stock from January 1 to December 31 is ☐ %. (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Stock Price Dividend Jan 1 $49.96 Mar 31 $51.07 $0.59 Jun 30 $49.52 $0.58 Sep 30 $52.02 $0.77 Dec 31 $52.39 $0.77 Print Done - X

The following information was available for the year ended December 31, 2022: Dividends per share Earnings per share 1.35 3.00 28.20 Market price per share at year-end Required: a. Calculate the price/earnings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). a. Price/Earning ratio b. Dividend payout ratio c. Dividend yield % Ji di %

Computing earnings per share, price/earnings ratio, and rate of return on common stockholders’ equity Bianchi Company reported these figures for 2018 and 2017: Requirements Compute Bianchi Company’s earnings per share for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to the nearest cent. Compute Bianchi Company’s price/earnings ratio for 2018. Assume the company’s market price per share of common stock is $9. Round to two decimals. Compute Bianchi Company’s rate of return on common stockholders’ equity for 2018. Assume the company paid the minimum preferred dividend during 2018. Round to the nearest whole percent.

Answer 2

Question

Chapter 13, Problem 13.4CP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

(b)

To determine

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

(c)

To determine

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

(d)

To determine

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Expert Solution & Answer

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Answer 3

Question

Chapter 13, Problem 13.4CP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

(b)

To determine

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

(c)

To determine

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

(d)

To determine

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Expert Solution & Answer

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Answer 4

Question

Chapter 13, Problem 13.4CP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

(b)

To determine

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

(c)

To determine

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

(d)

To determine

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Expert Solution & Answer

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Answer 5

Chapter 13, Problem 13.4CP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

(b)

To determine

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

(c)

To determine

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

(d)

To determine

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Answer 6

Chapter 13, Problem 13.4CP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

Answer 7

Chapter 13, Problem 13.4CP

(a)

To determine

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

Answer 8

(b)

To determine

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

Answer 9

(b)

To determine

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

Answer 10

(c)

To determine

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

Answer 11

(c)

To determine

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

Answer 12

(d)

To determine

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Answer 13

(d)

To determine

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Answer 14

Expert Solution & Answer

Answer 15

Expert Solution & Answer

Answer 16

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Answer 17

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Cash dividends : The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends. The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

Solution Summary: The author explains the amount of cash provided by a corporation out of its distributable profits to its shareholders. The investor who owns 500 shares of Corporation M would receive 140 as quarterly dividend.

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Want to see the full answer?

Chapter 13 Solutions

Cash dividends : The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends. The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

Solution Summary: The author explains the amount of cash provided by a corporation out of its distributable profits to its shareholders. The investor who owns 500 shares of Corporation M would receive 140 as quarterly dividend.

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends. The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.

To compute: The percent increase in price of Corporation M’s stock from the previous close to the last trade.

The percent change in Corporation M’s market price from the 52-week low to the last trade on November 29, 2013.

To identify: The cost of buying Corporation M’s 500 shares at the last trade price, and identify the receiver of the cash.

Want to see the full answer?

Chapter 13 Solutions

Cash dividends: The amount of cash provided by a corporation out of its distributable profits to its shareholders as a return for the amount invested by them is referred as cash dividends.

The amount that would be received as quarterly dividend by a person who owns 500 shares of Corporation M.