Problem 2-6: The Austin Corporation The following information was available for the Austin Corporation on October 31, 2021: Net Income 126000 Dividends Declared and Paid 14000 2000 1008000 Common Shares outstanding Market Value of Common Equity Required 1. Compute Earnings per Share. 2. Compute Dividends per Share. 3. Compute the Market Price per Share. 4. Compute the Price Earnings Ratio. 5. Compute the Dividend Yield (rounded to 2 decimal places). 6. Compute the Dividend Payout Ratio (rounded to 2 decimal places). Upon completion, enter your answers below: Earnings per Share (as an integer i.e. round): Dividends per Share (as an integer): Market Price per Share (as an integer): Price Earnings Ratio (as an integer): Dividend Yield (% to 2 decimal places e.g. if 5.2%, enter 5.2): Dividend Payout Ratio % (2 decimal places):

Problem 2-6: The Austin Corporation The following information was available for the Austin Corporation on October 31, 2021: Net Income 126000 Dividends Declared and Paid 14000 2000 1008000 Common Shares outstanding Market Value of Common Equity Required 1. Compute Earnings per Share. 2. Compute Dividends per Share. 3. Compute the Market Price per Share. 4. Compute the Price Earnings Ratio. 5. Compute the Dividend Yield (rounded to 2 decimal places). 6. Compute the Dividend Payout Ratio (rounded to 2 decimal places). Upon completion, enter your answers below: Earnings per Share (as an integer i.e. round): Dividends per Share (as an integer): Market Price per Share (as an integer): Price Earnings Ratio (as an integer): Dividend Yield (% to 2 decimal places e.g. if 5.2%, enter 5.2): Dividend Payout Ratio % (2 decimal places):

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Description: Please list the final answer with their related name Problem 2-6: The Austin CorporationThe following information was available for the Austin Corporation on October 31, 2021:Net IncomeDividends Declared and Paid12600014000Common Shares outstanding20

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter2: Analysis Of Financial Statements

Section: Chapter Questions

Problem 20PROB

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Exercise 1-41 Stockholders Equity OBJECTIVE o On January 11 2019, Mulcahy Manufacturing Inc., a newly formed corporation, issued 1,000 shares of common stock in exchange for $150,000 cash. No other shares were issued during 2019, and no shares were repurchased by the corporation. On November 1, 2019, the corporations major stockholder sold 300 shares to another stockholder for $50000. The corporation reported net income of $37,500 for 2019. Required: Prepare the stockholders equity section of Mulcahys balance sheet at December 31, 2019.
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