24th Edition

ISBN: 9781259916960

Author: Wild, John J., Shaw, Ken W.

Publisher: Mcgraw-hill Education,

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Chapter 17, Problem 11E

Exercise 17-11 Analyzing profitability P3 Q

Refer to Simon Company's financial information in Exercises 17-6 and 17-8. Additional information about the company follows. For both the current year and one year ago, compute the following ratios: (1) return on common stockholders' equity—percent rounded to one decimal, (I) dividend yield—percent rounded to one decimal, and (3) price-earnings ratio on December 31—rounded to one decimal. Assuming Simon's competitor has a price-earnings ratio of 10. which company has higher market expectations for future growth¹
Conimonstotkmarketprice,Decemtier31,cijnerityear..... J30.00 Annual cash dividends per share in current year____ $0.29

Common static market price, December 31,1 year ago...... 28.00 Annual cash dividends per share 1 year ago........ 0.24

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Chapter 17, Problem 10E

Chapter 17, Problem 12E

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