The table that follows shows the stock price, earnings per share, and dividends per share for three companies for a recent year: Price Earnings per Share Dividends per Share Jones Co. $161.13 $4.10 $4.83 Smith Co. 42.28 0.70 0.85 Tucker Co. 78.32 4.40 2.90 a. Determine the price-earnings ratio and dividend yield for the three companies. Round to one decimal place. If an amount should be zero, enter in "0".
The table that follows shows the stock price, earnings per share, and dividends per share for three companies for a recent year: Price Earnings per Share Dividends per Share Jones Co. $161.13 $4.10 $4.83 Smith Co. 42.28 0.70 0.85 Tucker Co. 78.32 4.40 2.90 a. Determine the price-earnings ratio and dividend yield for the three companies. Round to one decimal place. If an amount should be zero, enter in "0".
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 22E
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Question
The table that follows shows the stock price, earnings per share, and dividends per share for three companies for a recent year:
Price |
Earnings per Share |
Dividends per Share |
||||
| Jones Co. | $161.13 | $4.10 | $4.83 | |||
| Smith Co. | 42.28 | 0.70 | 0.85 | |||
| Tucker Co. | 78.32 | 4.40 | 2.90 |
a. Determine the price-earnings ratio and dividend yield for the three companies. Round to one decimal place. If an amount should be zero, enter in "0".
| Price-Earnings Ratio | Dividend Yield | |
| Jones Co. | % | |
| Smith Co. | % | |
| Tucker Co. | % |
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