Assume that the following quote for the Walt Disney Company, a NYSE stock, appeared on some particular date of 2019 on Yahoo! Finance ( https://finance.yahoo.com/quote/DIS?p=DIS&.tsrc=fin-srch): The Walt Disney Company (DIS) - NYSE 136.55 +2.76 (+2.06%) Prev Close: 133.79 Day's Range: 135.63 - 138.47 Open: 140.22 52wk Range: 104.50 - 143.83 Bid: 136.55 x 800 Volume: 23,891,567 Ask: 137.00 x 1800 Avg Vol (3m): 7,947,016 1y Target Est: 151.04 Market Cap: 247.284B Analyst Recommendation Buy P/E (ttm) 21.01 Next Earnings Date: Feb. 3-7, 2020 EPS (ttm): 6.50 Div & Yield: 1.52 (1.14%) Given this information, answer the following questions. At what price did the stock sell at the time of the quote? $ What is the stock's price/earnings ratio? What does that indicate? Round your answers to the nearest whole number. This means that investors are willing to pay more than $ for every $1 of earnings per share that the company generated last year. What is the last price at which the stock traded on the prior trading day? $ What's the stock's dividend yield? % What are the highest and lowest prices at which the stock traded during the latest 52-week period? Highest price $ Lowest price $ How large is the market capitalization of the company? $ billion

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 9E
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Assume that the following quote for the Walt Disney Company, a NYSE stock, appeared on some particular date of 2019 on Yahoo! Finance ( https://finance.yahoo.com/quote/DIS?p=DIS&.tsrc=fin-srch):

The Walt Disney Company (DIS) - NYSE
136.55 +2.76 (+2.06%)
Prev Close: 133.79   Day's Range: 135.63 - 138.47
Open: 140.22   52wk Range: 104.50 - 143.83
Bid: 136.55 x 800   Volume: 23,891,567
Ask: 137.00 x 1800   Avg Vol (3m): 7,947,016
1y Target Est: 151.04   Market Cap: 247.284B
Analyst Recommendation Buy   P/E (ttm) 21.01
Next Earnings Date: Feb. 3-7, 2020   EPS (ttm): 6.50
     Div & Yield: 1.52 (1.14%)

Given this information, answer the following questions.

  1. At what price did the stock sell at the time of the quote?

    $  

  2. What is the stock's price/earnings ratio?

     

    What does that indicate? Round your answers to the nearest whole number.

    This means that investors are willing to pay more than $   for every $1 of earnings per share that the company generated last year.

  3. What is the last price at which the stock traded on the prior trading day?

    $  

  4. What's the stock's dividend yield?

     %

  5. What are the highest and lowest prices at which the stock traded during the latest 52-week period?

     

    Highest price $  
    Lowest price $  

     

  6. How large is the market capitalization of the company?

    $   billion

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