Question
The following information is available for the Grant Company for 2015: Net sales $1,200,000 Net income. $600,000 Market price per share of common stock $32
The following information is available for the Grant Company for 2015:
Net sales $1,200,000
Net income. $600,000
Market price per share of common stock $32
Dividend per share of common stock $1.80
Common shares authorized per value $10 $100,000
Average common shares Outstanding. $50,000
7% $100 par preferred stock authorized $70,000
Preferred stock outstanding. $30,000
Average total stockholders Equity. $160,000
Market price per share of Preferred. $118
Required:
What are earnings per share for the current year?
What is the P/E ratio?
What is the book value per share of common stock?
What is the dividend yield on common stock?
What is the net profit ratio?
What is the return on equity?
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
3rd Edition
0730364577, 978-0730364573
