Yuehua Telecom Inc. and Guangxin Technology Ltd. are two competing ICT corporations based in Shenzhen Special Economic Zone, China. Both companies’ stocks are traded at Shenzhen Stock Exchange. The comparative financial statements of Yuehua and Guangxin for the last four years (2016 – 2019) are shown in the Attachments 1 and 2: Instructions: 1. (A) Calculate the following ratios for each corporation for 2017, 2018, and 2019. Debt to equity ratio Earnings per share Price/earnings ratio Note: There are two attachments are attached velow. Attachment 1: Comparative Statement of Financial Position Attachment 2: Comparative income statement
Yuehua Telecom Inc. and Guangxin Technology Ltd. are two competing ICT corporations based in Shenzhen Special Economic Zone, China. Both companies’ stocks are traded at Shenzhen Stock Exchange. The comparative financial statements of Yuehua and Guangxin for the last four years (2016 – 2019) are shown in the Attachments 1 and 2: Instructions: 1. (A) Calculate the following ratios for each corporation for 2017, 2018, and 2019. Debt to equity ratio Earnings per share Price/earnings ratio Note: There are two attachments are attached velow. Attachment 1: Comparative Statement of Financial Position Attachment 2: Comparative income statement
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter4: Internal Control And Cash
Section: Chapter Questions
Problem 69.3C
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Yuehua Telecom Inc. and Guangxin Technology Ltd. are two competing ICT corporations based in Shenzhen Special Economic Zone, China. Both companies’ stocks are traded at Shenzhen Stock Exchange. The comparative financial statements of Yuehua and Guangxin for the last four years (2016 – 2019) are shown in the Attachments 1 and 2:
Instructions:
1. (A) Calculate the following ratios for each corporation for 2017, 2018, and 2019.
- Debt to equity ratio
- Earnings per share
- Price/earnings ratio
Note:
There are two attachments are attached velow.
Attachment 1: Comparative
Statement of Financial Position Attachment 2: Comparative income statement
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