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The following selected information is provided for Friendly Bank of Canada for the fiscal years ended December 31. (All figures in thousands except dividends per
The following selected information is provided for Friendly Bank of Canada for the fiscal years ended December 31. (All figures in thousands except dividends per common share and price per common share).
2021 2020 Total dividends paid to common shareholders Dividends per common share Total dividends paid to preferred shareholders Profit (loss) Weighted average number of common shares Common shareholders' equity Price per common share $1,076 $3.11 $191 $3,296 347 $11,205 $102.00 $941 $2.76 $179 $2,646 349 $9,977 $87.60 2019 $902 $2.66 $177 $(32) 339 $8,439 $72.20 Calculate the following ratios for 2021 and 2020. (Round answers to 2 decimal places, e.g. 52.76 or 52.76%.) 2021 2020 Payout ratio % % Earnings per share $ $ Return on common shareholders' equity % % Price earnings ratio :1 :1 Taking the perspective of a shareholder of Friendly Bank of Canada, determine from the results obtained in part (a) if 1) The dividend payout ratio from 2020 to 2021. 2) The earnings per share ratio from 2020 to 2021. 3) The return on common shareholders' equity from 2020 to 2021. 4) The price-earnings ratio from 2020 to 2021Step by Step Solution
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