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The financial statements of Trail Apparel include the following selected data: ($ in thousands, except stock price) Sales Net income Dividends Stockholders' equity, end of
The financial statements of Trail Apparel include the following selected data: ($ in thousands, except stock price) Sales Net income Dividends Stockholders' equity, end of year Shares outstanding Average stock price 1. Return on equity 2. Dividend yield 3. Earnings per share 4. Price-earnings ratio $ 2024 $728,320 6.6 % 1.7 % 0.32 17.8 16,100 4,900 242,150 50,000 $ 5.70 Required: Calculate the following amounts for 2024: (Round earnings per share to 2 decimal places. Round all other answers to 1 decimal place.) 2023 $754,858 13,720 3,610 222,450 36,000 $ 4.60
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