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OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020
OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. The market price of OCloud's common shares was $40.87 and $38.30 on June 30, 2020, and June 30, 2019, respectively. OCloud declared dividends per common share of $0.479 and $0.414 for 2020 and 2019, respectively. OCLOUD CORPORATION Years Ended June 30, 2020, and 2019 (in thousands) Comparative Income Statement 2020 Total revenues $2,274,366 Total cost of revenues 765.205 Total operating expenses 1.169 270 Net income $1,012.512 Statement of Financial Position 2020 Total assets $7,420,353 Total liabilities 3,968,278 Common share capital 1,453,655 Total shareholders' equity $3,452,075 Weighted average number of commons shares outstanding 256,415 2019 $1,842.455 568.868 888.591 $300.863 2019 $5.111.442 3,808,382 820.031 $1.303,060 244,095 Calculate the return on shareholders' equity for OCloud in 2020. Note that Cloud's articles of incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8%. (Round answer to 1 decimal place, eg. 15.2%) Return on shareholder's equity Tawthools and Calculate earnings per share for the years 2020 and 2019. (Round answers to 2 decimal places, eg. 15.27.) 2020 2019 $ Earnings per share per share $ per share Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. (Round answers to 1 decimal place, eg. 15.2%) 2020 2019 Dividend payout ratio %6 Dividend yield %6 96
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