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The financial statements of Trail Apparel include the following selected data (in millions): ($ in thousands, except stock price) 2021 2020 Sales $ 728,720 $
The financial statements of Trail Apparel include the following selected data (in millions):
($ in thousands, except stock price) | 2021 | 2020 | ||||||
Sales | $ | 728,720 | $ | 752,858 | ||||
Net income | 16,100 | 14,420 | ||||||
Dividends | 4,320 | 3,320 | ||||||
Stockholders' equity, end of year | 244,150 | 231,450 | ||||||
Shares outstanding | 47,000 | 36,000 | ||||||
Average stock price | $ | 5.50 | 4.10 | |||||
Required: Calculate the following amounts for 2021: (Round 'Earning Per Share' to 2 decimal places.)
- Return on equity %
- Dividend yield %
- Earnings per share
- Price-earnings ratio
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