Refer to Simeon Companys financial information in Exercises 13-6 and 13-8. Additional information about the company follows.
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Refer to Simeon Company’s financial information in Exercises 13-6 and 13-8. Additional information about the company follows. To help evaluate the company’s profitability, compute and interpret the following ratios for 2009 and 2008: (1) return on common stockholders’ equity, (2) price-earnings ratio on December 31, and (3) dividend yield.
Common stock market price, December 31, 2009 . . . . . . . $30.00 Common stock market price, December 31, 2008 . . . . . . . 28.00 Annual cash dividends per share in 2009 . . . . . . . . . . . . . . 0.29 Annual cash dividends per share in 2008 . . . . . . . . . . . . . . 0.24 AppendixLO1
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Related Book For
Financial Accounting Information For Decisions
ISBN: 9780073043753
4th Edition
Authors: John J. Wild
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