Question
Earnings per Share,Price-Earnings Ratio,Dividend Yield The following information was taken from the financial statements of Finn Resources Inc. for December 31 of the current fiscal
Earnings per Share,Price-Earnings Ratio,Dividend Yield
The following information was taken from the financial statements of Finn Resources Inc. for December 31 of the current fiscal year:
| Common stock, $45 par value (no change during the year) | $14,850,000 |
| Preferred $8 stock, $100 par (no change during the year) | 4,000,000 |
The net income was $782,000 and the declared dividends on the common stock were $95,700 for the current year. The market price of the common stock is $10.5 per share.
For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) thedividends per share, and (d) the dividend yield. If required, round your answers to two decimal places.
| a. Earnings per Share | $ | |
| b. Price-Earnings Ratio | ||
| c. Dividends per Share | $ | |
| d. Dividend Yield |
% |
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
