The following information was available for the year ended December 31, 2016:         Sales $ 460,000   Net income   66,140   Average total assets   760,000   Average total stockholders' equity   365,000   Dividends per share   1.33   Earnings per share   3.00   Market price per share at year-end   27.60   a. Calculate margin, turnover, and ROI for the year ended December 31, 2016. (Round your intermediate calculations and final answers to 2 decimal places.) b. Calculate ROE for the year ended December 31, 2016. (Round your answer to 2 decimal places.) c. Calculate the price/earnings ratio for 2016. (Round your answer to 2 decimal places.) d. Calculate the dividend payout ratio for 2016. (Round your answer to 2 decimal places.) e. Calculate the dividend yield for 2016. (Round your answer to 2 decimal places.)

Managerial Accounting: The Cornerstone of Business Decision-Making
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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The following information was available for the year ended December 31, 2016:

       
Sales $ 460,000  
Net income   66,140  
Average total assets   760,000  
Average total stockholders' equity   365,000  
Dividends per share   1.33  
Earnings per share   3.00  
Market price per share at year-end   27.60  

a. Calculate margin, turnover, and ROI for the year ended December 31, 2016. (Round your intermediate calculations and final answers to 2 decimal places.)

b. Calculate ROE for the year ended December 31, 2016. (Round your answer to 2 decimal places.)

c. Calculate the price/earnings ratio for 2016. (Round your answer to 2 decimal places.)

d. Calculate the dividend payout ratio for 2016. (Round your answer to 2 decimal places.)

e. Calculate the dividend yield for 2016. (Round your answer to 2 decimal places.)

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