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Sandhill Inc. had net income for 2 0 2 4 of $ 2 , 1 2 0 , 0 0 0 . The company had
Sandhill Inc. had net income for of $ The company had of common shares outstanding throughout the year. During Sandhill paid $ dividends per common shares. The average common shareholder equity was $ and the market value of the shares on December was $ per share. Sandhill Inc. also had shares outstanding of cumulative, $ nopar value preferred shares. The shares were outstand for the full year, and dividends had been paid in all previous years. Calculate the following ratios for Sandhill Inc.: Round answers to decimal places, eg or a Rate of return on common shareholders' equity b Payout ratio c Price earnings ratio times d Book value per share per share
Sandhill Inc. had net income for of $ The company had of common shares outstanding throughout the year.
During Sandhill paid $ dividends per common shares. The average common shareholder equity was $ and the
market value of the shares on December was $ per share.
Sandhill Inc. also had shares outstanding of cumulative, $ nopar value preferred shares. The shares were outstand for
the full year, and dividends had been paid in all previous years.
Calculate the following ratios for Sandhill Inc.: Round answers to decimal places, eg or
a Rate of return on common shareholders' equity
b Payout ratio
c Price earnings ratio
times
d Book value per share
per share
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