Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MusicPod's earnings per share ratios were $2.69 and $2.51 respectively for 2022 and 2021 . MusicPod's stock was trading at $75.00 and $74.50 per share

image text in transcribed
MusicPod's earnings per share ratios were $2.69 and $2.51 respectively for 2022 and 2021 . MusicPod's stock was trading at $75.00 and $74.50 per share at the end of 2022 and 2021 respectively. The company paid cash dividends per share of $1.07 in 2022 and $0.85 in 2021. Total stockholders' equity was $13,792 million and $12,116 million in 2022 and 2021 respectively. The common shares outstanding were approximately 1,793,000 in both 2022 and 2021. MusicPod's price/eamings ratio for 2022 is closest to: Multiple Choice 70.1 2.5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Liquidity Risk Management In Banks Economic And Regulatory Issues

Authors: Roberto Ruozi, Pierpaolo Ferrari

1st Edition

3642295800, 978-3642295805

More Books

Students also viewed these Finance questions