The financial statements of Trail Apparel include the following selected data (in millions): ($ in thousands, except stock price) Sales 2020 2021 $729,920 16,100 4,160 240,150 45,000 5.90 $754,858 14,220 3,080 224,450 37,000 4.50 Net income Dividends Stockholders' equity, end of year Shares outstanding Average stock price $ Required: Calculate the following amounts for 2021: (Round 'Earning Per Share' to 2 decimal places.) Return on equity 1 Dividend yield 2. 3. Earnings per share 4. Price-earnings ratio
The financial statements of Trail Apparel include the following selected data (in millions): ($ in thousands, except stock price) Sales 2020 2021 $729,920 16,100 4,160 240,150 45,000 5.90 $754,858 14,220 3,080 224,450 37,000 4.50 Net income Dividends Stockholders' equity, end of year Shares outstanding Average stock price $ Required: Calculate the following amounts for 2021: (Round 'Earning Per Share' to 2 decimal places.) Return on equity 1 Dividend yield 2. 3. Earnings per share 4. Price-earnings ratio
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.2.2MBA
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