The following information was available for the year ended December 31, 2019: Sales $600,000 85,600 Net income Average total assets Average total stockholders' equity Dividends per share Earnings per share Market price per share at year-end 900,000 400,000 1.40 3.00 29.70 Required: a. Calculate margin, turnover, and ROI for the year ended December 31, 2019. b. Calculate ROE for the year ended December 31, 2019. c. Calculate the price/earnings ratio for 2019. d. Calculate the dividend payout ratio for 2019. e. Calculate the dividend yield for 2019.
The following information was available for the year ended December 31, 2019: Sales $600,000 85,600 Net income Average total assets Average total stockholders' equity Dividends per share Earnings per share Market price per share at year-end 900,000 400,000 1.40 3.00 29.70 Required: a. Calculate margin, turnover, and ROI for the year ended December 31, 2019. b. Calculate ROE for the year ended December 31, 2019. c. Calculate the price/earnings ratio for 2019. d. Calculate the dividend payout ratio for 2019. e. Calculate the dividend yield for 2019.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 82E
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Question
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![The following information was available for the year ended December 31, 2019:
Sales
$600,000
Net income
85,600
900,000
400,000
Average total assets
Average total stockholders' equity
Dividends per share
Earnings per share
Market price per share at year-end
1.40
3.00
29.70
Required:
a. Calculate margin, turnover, and ROI for the year ended December 31, 2019.
b. Calculate ROE for the year ended December 31, 2019.
c. Calculate the price/earnings ratio for 2019.
d. Calculate the dividend payout ratio for 2019.
e. Calculate the dividend yield for 2019.
Complete this question by entering your answers in the tabs below.
Reg A
Req B to E
b. Calculate ROE for the year ended December 31, 2019.
c. Calculate the price/earnings ratio for 2019.
d. Calculate the dividend payout ratio for 2019.
e. Calculate the dividend yield for 2019.
(For all requirements, round your answer to 2 decimal places.)
Show lessA
b. ROE
%
c. Price/Earning ratio
d. Dividend payout ratio
e. Dividend yield
%
%
< Req A
Req B to E >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7728c42-5e56-45c0-9286-e628eed9063d%2Fb896ab84-9e39-462a-ac15-48ed4db5ff87%2Fh9vd9r_processed.png&w=3840&q=75)
Transcribed Image Text:The following information was available for the year ended December 31, 2019:
Sales
$600,000
Net income
85,600
900,000
400,000
Average total assets
Average total stockholders' equity
Dividends per share
Earnings per share
Market price per share at year-end
1.40
3.00
29.70
Required:
a. Calculate margin, turnover, and ROI for the year ended December 31, 2019.
b. Calculate ROE for the year ended December 31, 2019.
c. Calculate the price/earnings ratio for 2019.
d. Calculate the dividend payout ratio for 2019.
e. Calculate the dividend yield for 2019.
Complete this question by entering your answers in the tabs below.
Reg A
Req B to E
b. Calculate ROE for the year ended December 31, 2019.
c. Calculate the price/earnings ratio for 2019.
d. Calculate the dividend payout ratio for 2019.
e. Calculate the dividend yield for 2019.
(For all requirements, round your answer to 2 decimal places.)
Show lessA
b. ROE
%
c. Price/Earning ratio
d. Dividend payout ratio
e. Dividend yield
%
%
< Req A
Req B to E >
![The following information was available for the year ended December 31, 2019:
Sales
$600,000
Net income
Average total assets
Average total stockholders' equity
Dividends per share
Earnings per share
Market price per share at year-end
85,600
900,000
400,000
1.40
3.00
29.70
Required:
a. Calculate margin, turnover, and ROI for the year ended December 31, 2019.
b. Calculate ROE for the year ended December 31, 2019.
c. Calculate the price/earnings ratio for 2019.
d. Calculate the dividend payout ratio for 2019.
e. Calculate the dividend yield for 2019.
Complete this question by entering your answers in the tabs below.
Reg A
Req B to E
Calculate margin, turnover, and ROI for the year ended December 31, 2019. (Round your intermediate calculations and final
answers to 2 decimal places.)
Margin
%
Turnover
times
ROI
%
< Req A
Req B to E >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7728c42-5e56-45c0-9286-e628eed9063d%2Fb896ab84-9e39-462a-ac15-48ed4db5ff87%2Fkamzh9q_processed.png&w=3840&q=75)
Transcribed Image Text:The following information was available for the year ended December 31, 2019:
Sales
$600,000
Net income
Average total assets
Average total stockholders' equity
Dividends per share
Earnings per share
Market price per share at year-end
85,600
900,000
400,000
1.40
3.00
29.70
Required:
a. Calculate margin, turnover, and ROI for the year ended December 31, 2019.
b. Calculate ROE for the year ended December 31, 2019.
c. Calculate the price/earnings ratio for 2019.
d. Calculate the dividend payout ratio for 2019.
e. Calculate the dividend yield for 2019.
Complete this question by entering your answers in the tabs below.
Reg A
Req B to E
Calculate margin, turnover, and ROI for the year ended December 31, 2019. (Round your intermediate calculations and final
answers to 2 decimal places.)
Margin
%
Turnover
times
ROI
%
< Req A
Req B to E >
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