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Dividends yield = .............................%   b. Return on equity = ............................%   c. Price/earnings (P/E) ratio =............................ times

Dividends yield = .............................%   b. Return on equity = ............................%   c. Price/earnings (P/E) ratio =............................ times

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 21E
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Use the following information to obtain the ratios requested below. Where necessary, carry answers to one decimal place

 

Dividends per share: $1.14

 

Market price per share: $54

 

Net income: $118,000

 

Stockholders' equity, beginning of year: $500,000

 

Stockholders' equity, end of year: $530,000

 

Earnings per share: $1.75

 

a. Dividends yield = .............................%

 

b. Return on equity = ............................%

 

c. Price/earnings (P/E) ratio =............................ times

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