Question
links to walmart and targets financial statements Walmart I/S - http://finance.yahoo.com/q/is?s=WMT+Income+Statement&annual Walmart B/S - http://finance.yahoo.com/q/bs?s=WMT+Balance+Sheet&annual Target I/S - http://finance.yahoo.com/q/is?s=TGT+Income+Statement&annual Target B/S- http://finance.yahoo.com/q/bs?s=TGT+Balance+Sheet&annual a. Write the
links to walmart and targets financial statements
Walmart I/S - http://finance.yahoo.com/q/is?s=WMT+Income+Statement&annual
Walmart B/S - http://finance.yahoo.com/q/bs?s=WMT+Balance+Sheet&annual
Target I/S - http://finance.yahoo.com/q/is?s=TGT+Income+Statement&annual
Target B/S- http://finance.yahoo.com/q/bs?s=TGT+Balance+Sheet&annual
a. Write the ROE, the number of shares outstanding, the dividends per share, and the net income.
b. Compute the sustainable growth rate (g = b * ROE), where b equals the plowback ratio.
c. Calculate the total amount of dividends paid (dividends * number of shares outstanding), the dividend payout ratio (total dividends paid/net income), and the plowback ratio (1 - dividend payout ratio).
d. What does this information reveal about the ROE for the firms you selected?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started