Question
Problems 1. Payout. What are the payout ratio and retention ratio of the three companies? (LO 11-2). Details a. 2-for-1 stock split. b. 4-for-1 stock
Problems 1. Payout. What are the payout ratio and retention ratio of the three companies? (LO 11-2). Details a. 2-for-1 stock split. b. 4-for-1 stock split. 2 3 4 5 2. Stock Splits. You own 200 shares of a stock priced at $80 per share. How many shares of stock would you own and what is the stock price after each of these scenarios? (LO 11-2). c. 1-for-4 stock split. 8 C Earnings Dividends per share per share Company A $ 0.52 $ 0.76 1.64 Company B $ 2.66 $ Company C $ 3.65 $ 1.60 3. DRIPS. You own 350 shares of a stock priced at $75 per share. If the stock has a dividend reinvestment program and pays a $0.45 per share dividend, how many shares of stock would you get and how much cash would be remaining? (LO 11-2). Use the balance sheet and income statement, provided in the data file, ch11 pr04_10.xlsx to answer Problems 4, 5, 6, 7, 8, 9, and 10: 4. Liquidity Ratios. Given the balance sheet and income statement, compute the current ratio and the quick ratio for 20X1 and 20X0. Which year is better for each? (LO 11-3)
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