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uring Year 3, Perez Corporation reported after-tax net income of $3,630,000. During the year, the number of shares of utstanding remained constant at 9,560 of $100 par, 10 percent preferred stock and 397,000 shares of common stock. otal stockholders' equity is $19,900,000 at December 31, Year 3. Perez Corporation's common stock was selling at $51 he end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Cequired . Compute the earnings per share. (Round your answer to 2 decimal places.) . Compute the book value per share of common stock. (Round your answer to 2 decimal places.) . Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) .. Compute the dividend yield. (Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered a a. Earnings per share

uring Year 3, Perez Corporation reported after-tax net income of $3,630,000. During the year, the number of shares of utstanding remained constant at 9,560 of $100 par, 10 percent preferred stock and 397,000 shares of common stock. otal stockholders' equity is $19,900,000 at December 31, Year 3. Perez Corporation's common stock was selling at $51 he end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Cequired . Compute the earnings per share. (Round your answer to 2 decimal places.) . Compute the book value per share of common stock. (Round your answer to 2 decimal places.) . Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) .. Compute the dividend yield. (Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered a a. Earnings per share

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 18E: Monona Company reported net income of 29,975 for 2019. During all of 2019, Monona had 1,000 shares...
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During Year 3, Perez Corporation reported after-tax net income of $3,630,000. During the year, the number of shares of stock outstanding remained constant at 9,560 of $100 par, 10 percent preferred stock and 397,000 shares of common stock. The company's total stockholders' equity is $19,900,000 at December 31, Year 3. Perez Corporation's common stock was selling at $51 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) c. Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yield. (Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered as 23.45).) a. Earnings per share b. Book value per share c. Price-earnings ratio d. Dividend yield times %
Transcribed Image Text:During Year 3, Perez Corporation reported after-tax net income of $3,630,000. During the year, the number of shares of stock outstanding remained constant at 9,560 of $100 par, 10 percent preferred stock and 397,000 shares of common stock. The company's total stockholders' equity is $19,900,000 at December 31, Year 3. Perez Corporation's common stock was selling at $51 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal places.) c. Compute the price-earnings ratio. (Round intermediate calculations and final answer to 2 decimal places.) d. Compute the dividend yield. (Round your percentage answer to 2 decimal places (i.e., 0.2345 should be entered as 23.45).) a. Earnings per share b. Book value per share c. Price-earnings ratio d. Dividend yield times %
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