Question
The Anderson Company has a net profits of $19 million, sales of $226 million, and 3.6 million shares of common stock outstanding. The company has
The Anderson Company has a net profits of
$19
million, sales of
$226
million, and
3.6
million shares of common stock outstanding. The company has total assets of
$142
million and total stockholders' equity of
$68
million. It pays
$2.14
per share in common dividends, and the stock trades at
$39
per share. Given this information, determine the following:
a. Anderson's EPS.
b. Anderson's book value per share and price-to-book-value ratio.
c. The firm's P/E ratio.
d. The company's net profit margin.
e. The stock's dividend payout ratio and its dividend yield.
f. The stock's PEG ratio, given that the company's earnings have been growing at an average annual rate of
6.7%.
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