Contemporary Financial Management
Contemporary Financial Management
14th Edition
ISBN: 9781337090582
Author: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
Publisher: Cengage Learning
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Chapter 15, Problem 1P

a.

Summary Introduction

To determine: Earning per share

b.

Summary Introduction

To determine: Dividend per share

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The shares of the Dyer Drilling Co. sell for $50. The firm has a P/E ratio of 10. Eighty percent of earnings is paid out in dividends. What is the firm's dividend yield? (Do not round your intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Dividend yield %
Dog River Company has an operating profit of $259.000 Interest expense for the year was $21.600 preferred dividends paid were $23,650; and common dividends paid were $58.800 The tax was $45.750 The Dog River Company has 40,000 shares of common stock outstanding a. Calculate the EPS and the common dividends per share for Dog River Company (Round the final answers to 2 decimal places.) b. What is the payout ratio? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) c. What was the increase in retained earnings for the year? d. If Dog's share price is $63.00 what is its price-earnings ratio (P/E)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price earning ratio (times) $109,200 Payout ratio % Choose... Common dividends per share 1,47 ± 0.01 Choose... Increase in retained earnings Choose.... EPS A-alinland Fisheries Corp. anticipator post ÷
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Dividend explained; Author: The Finance Storyteller;https://www.youtube.com/watch?v=Wy7R-Gqfb6c;License: Standard Youtube License