Question
The following information was available for the year ended December 31, 2016: Sales $ 560,000 Net income 80,040 Average total assets 860,000 Average total stockholders'
The following information was available for the year ended December 31, 2016:
| Sales | $ | 560,000 | |
| Net income | 80,040 | ||
| Average total assets | 860,000 | ||
| Average total stockholders' equity | 390,000 | ||
| Dividends per share | 1.38 | ||
| Earnings per share | 3.00 | ||
| Market price per share at year-end | 29.10 | ||
| | |||
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.)
Margin %
Turnover times
ROI %
b. Calculate ROE for the year ended December 31, 2016. (Round your answer to 2 decimal places.)
Roe %
c. Calculate the price/earnings ratio for 2016. (Round your answer to 2 decimal places.)
Price/Earning Ratio
d. Calculate the dividend payout ratio for 2016. (Round your answer to 2 decimal places.)
Dividend payout ratio %
e. Calculate the dividend yield for 2016. (Round your answer to 2 decimal places.)
Dividend yield %
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