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E12-25A (similar to) Question Help . Consider the following financial information of Monroe Distributing Company: F: (Click the icon to view the financial information.) Read
E12-25A (similar to) Question Help . Consider the following financial information of Monroe Distributing Company: F: (Click the icon to view the financial information.) Read the requirement. Select the two ratios used to evaluate common stock as an investment, select the corresponding formulas, and then calculate each ratio for 2018 and 2017. (Abbreviations used: EPS = earnings per share, P/E = price per earnings, ROA = rate of return on total assets, ROE = rate of return on common stockholders' equity, and ROS = rate of return on net sales. Round intermediary calculations and your final answers to three decimal places, X.XXX.) Ratio Formula 2018 2017 11.500 Data Table P/E ratio 9.400 Market price per share / Earnings per share Dividend per share of common stock /Market price per share of common stock Dividend yield 0.022 0.029 Evaluate the common stock of Monroe Distributing Company as an investment. (Assume that an increase in the common stock ratios 2018 2017 Net income 114,000 $ 70.500 The stock's attractiveness during 2018, as shown by the in the ratios. Overall, the common stock looks 22,000 22,000 410,000 510,000 Dividends to common Total stockholders' equity at year-end. (includes 43,500 shares of common stock) Preferred stock, 5% Market price per share of common stock at year-end 105,000 23.50 $ 105,000 17.25 ...... $ Click to select your answer(s) and then click Check Answer. Print Done
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