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The financial statements of Trail Apparel include the following selected data: 15 in thousands, except stock price) Sales Net income Dividends Stockholders equity, end
The financial statements of Trail Apparel include the following selected data: 15 in thousands, except stock price) Sales Net income Dividends Stockholders equity, end of year Shares outstanding Average stock price Required: 2023 2024 $728,820 16,000 4,880 $754,658 14,220 3,020 239,150 231,450 48,000 $5.90 39,000 $4.40 Calculate the following amounts for 2024: (Round earnings per share to 2 decimal places. Round all other answers to 1 decimal place.) 1. Return on equity 2. Dividend yield % % 3. Eamings per share 4. Price-earnings ratio
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