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Question 1 Q:13 Castillo Company reported these figures for 2024 and 2023 : (Click the icon to view the figures.) Read the requirements. Requirement 1.
Question 1 Q:13
Castillo Company reported these figures for 2024 and 2023 : (Click the icon to view the figures.) Read the requirements. Requirement 1. Compute Castillo Company's earnings per share for 2024 . Assume the company paid the minimum preferred dividend during 2024. Round to the nearest cent. Select the formula, then enter the amounts to calculate the company's earnings per share for 2024. (Abbreviations used: Ave. = average, Os = outstanding, SE = stockholders' equity, shrs = shares.) Requirement 2. Compute Castillo Company's price/earnings ratio for 2024. Assume the company's market price per share of common stoch is $7. Round to two decimals. Select the formula, then enter the amounts to calculate the company's price/earnings ratio for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) =Price/earningsratio= Requirement 3. Compute Castillo Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percent. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2024. (Abbreviations used: Ave. = average, OS = outstanding, SE = stockholders' equity, shrs = shares.) Data table Requirements 1. Compute Castillo Company's earnings per share for 2024 . Assume the company paid the minimum preferred dividend during 2024 . Round to the nearest cent. 2. Compute Castillo Company's price/earnings ratio for 2024 . Assume the company's market price per share of common stock is $7. Round to two decimals. 3. Compute Castillo Company's rate of return on common stockholders' equity for 2024. Assume the company paid the minimum preferred dividend during 2024. Round to the nearest whole percentStep by Step Solution
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