Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required: a. Assuming that the table gives today's prices, what was the firm's closing price yesterday? (Round your answer to 2 decimal places.) Answer is
Required: a. Assuming that the table gives today's prices, what was the firm's closing price yesterday? (Round your answer to 2 decimal places.) Answer is complete and correct. Yesterday's closing price $ 222.71 b. How many shares could you buy for $5,000? (Round your answer to the nearest whole number.) Answer is complete and correct. Number of shares 22 c. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Annual dividend income 50.79 X d. What must be Home Depot's earnings per share? (Round your answer to 2 decimal places.) Answer is complete and correct. Earnings per share $ 10.02 FIGURE 2.8 Listing of stocks traded on the New York Stock Exchange Dividend Yield Price-to- earnings ratio 17.33 27.92 3.09 Name Herbalife Nuturiton Hershey Hess Corporation Hewlett Packard Home Depot Honda Honneywell Symbol Close Change HLF 35.00 0.98 HSY 161.40 1.47 HES 65.04 1.76 HPE 13.75 0.26 HD 224.15 1.44 HMC 24.33 0.28 HON 167.14 3.61 Volume 1,906.665 968,356 2,429,938 6,754,580 3,110,451 704,716 3,915,565 52 week high 61.77 161.58 74.81 17.27 229.27 31.04 178.47 52 week low 33.62 99.15 35.59 12.09 158.09 22.87 123.48 1 0.45 5.44 1.03 3.28 1.91 1.54 3.27 2.43 4.23 1.96 22.36 4.20 17.68 Source: Yahoo! Finance, September 4, 2019
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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