Question
The following information was available for the year ended December 31, 2016: Sales $ 600,000 Net income 85,600 Average total assets 900,000 Average total stockholders'
The following information was available for the year ended December 31, 2016:
| Sales | $ | 600,000 | |
| Net income | 85,600 | ||
| Average total assets | 900,000 | ||
| Average total stockholders' equity | 400,000 | ||
| Dividends per share | 1.40 | ||
| Earnings per share | 3.00 | ||
| Market price per share at year-end | 29.70 | ||
Required:
a. Calculate margin, turnover, and ROI for the year ended December 31, 2016. (Round your intermediate calculations and final answers to 2 decimal places.)
b. Calculate ROE for the year ended December 31, 2016. (Round your answer to 2 decimal places.)
c. Calculate the price/earnings ratio for 2016. (Round your answer to 2 decimal places.)
d. Calculate the dividend payout ratio for 2016. (Round your answer to 2 decimal places.)
e. Calculate the dividend yield for 2016. (Round your answer to 2 decimal places.)
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