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Can you help me with questions 7 and 8 please! Severyn Properties declared and paid $5,200 of cash dividends during the current year ended December
Can you help me with questions 7 and 8 please!
Severyn Properties declared and paid $5,200 of cash dividends during the current year ended December 31 . Its financial statements also reported the following summarized data: 7-a. Compute the times interest earned ratios for the current and previous years. (Round your answers to 1 decimal place.) 7-b. Are the current-year results better, or worse, than those for the previous year? Complete this question by entering your answers in the tabs below. 8-a. After Severyn released its current year's financial statements, the company's stock was trading at $52. After the release of its previous year's financial statements, the company's stock price was $40 per share. Compute the P/E ratios for both years. (Round your intermediate calculations to 2 decimal places and final answers to 1 decimal place.) 8-b. Does it appear that investors have become more (or less) optimistic about Severyn's future successStep by Step Solution
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