Khaki Republic sells clothing and accessories through premium outlet locations and online. Selected financial data for Khaki

Question:

Khaki Republic sells clothing and accessories through premium outlet locations and online. Selected financial data for Khaki Republic is provided as follows:

($ in millions)
Sales .................................................................................. $ 4,158
Net income ........................................................................ $ 144
Stockholders’ equity, beginning ............................ $ 1,890
Stockholders’ equity, ending ................................... $ 1,931
Average shares outstanding .......................................... 85.6
Dividends per share ...................................................... $ 0.75
Stock price, ending ..................................................... $ 47.23

Required:

1. Calculate the return on equity for Khaki Republic. How does it compare with the return on equity for Facebook and IBM reported in the chapter?

2. Calculate the dividend yield for Khaki Republic. How does it compare with the dividend yield for Facebook and IBM reported in the chapter?

3. Calculate the price-earnings ratio for Khaki Republic. How does it compare with the priceearnings ratio for Facebook and IBM reported in the chapter?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...

Fantastic news! We've Found the answer you've been seeking!