Use the following financial information for Samsung (Samsung.com).
Net income less dividends available to preferred shares (in millions) . . . . . . . . . . . W 16,317,275
Cash dividends declared for common stock (in millions) . . . . . . . . . . . . . . . . . . . . . W 2,677,250
Cash dividends declared per common share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . W 21,015
Number of common shares outstanding (in millions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127.397
Weighted-average common shares outstanding (in millions) . . . . . . . . . . . . . . . . . . . . . . 129.190
Equity applicable to common shares (in millions) . . . . . . . . . . . . . . . . . . . . . . . . . W178,940,338
Required
1. Compute book value per share for Samsung.
2. Compute earnings per share (EPS) for Samsung.
3. Compare Samsung's dividends per share with its EPS. Is Samsung paying out a large or small amount of its income as dividends? Explain.