Dividend Payout Ratio Net Income Average stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Previous Year Current Year Previous Year Current Year $45,500 $62,400 1,300,000 1,950,000 The dividend payout 2.47 2.85 24.70 Calculate the dividend payout for Evans & Sons for each year. Did the dividend payout increase? Numerator Denominator ◆ 2.60 3.20 27.30 0 0 ► from previous year to the current year ◆ 0 0 Dividend Payout Ratio % %

Dividend Payout Ratio Net Income Average stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Previous Year Current Year Previous Year Current Year $45,500 $62,400 1,300,000 1,950,000 The dividend payout 2.47 2.85 24.70 Calculate the dividend payout for Evans & Sons for each year. Did the dividend payout increase? Numerator Denominator ◆ 2.60 3.20 27.30 0 0 ► from previous year to the current year ◆ 0 0 Dividend Payout Ratio % %

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the balance sheet date, MJOs stock was selling for S25 per share. Required: Assuming MJOs dividend yield is 1%, what are the dividends per common share? Assuming MJOs dividend yield is 1% and its dividend payout is 20%, what is MJOs net income?
Financial leverage Costco Wholesale Corporation (COST) and Wel-Mart Stroes Inc. (WMT)reported the following data (in milllions) for a recent year: Compute the return on stockholders equity. Round to one decimal place.
Stockholder Profitability Ratios The following information pertains to Montague Corporation Required: Calculate the return on common equity and the earnings per share. (Note: Round answers to two decimal places.)
Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: a. Determine the earnings per share for 20Y5 and 20Y6. b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable?
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is 51.50. Required: 1. Compute the dollar amount of preferred dividends. 2. Compute the number of common shares. 3. Compute earnings per share. (Note: Round to two decimals.) 4. Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
Dividend Payout Ratio Net Income Average stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Previous Year Current Year Previous Year Current Year $45,500 $62,400 1,300,000 1,950,000 The dividend payout decreased 2.47 2.85 24.70 Calculate the dividend payout for Evans & Sons for each year. Did the dividend payout increase? Numerator Denominator X 2.60 3.20 27.30 X from previous year to the current year. X X X Dividend Payout Ratio % %
Price-Earnings Ratio; Dividend Yield The table that follows shows the stock price, earnings per share, and divVidends per share for three companies for a recent year: Earnings Dividends Price per Share per Share Jones Co. $134.08 $3.20 $4.16 Smith Co. 206.72 3.40 0.00 Tucker Co. 44.50 2.50 1.65 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. b. Explain the differences in these ratios across the three companies by completing the following: Tucker Co. has the price-earnings ratio, Jones Co. has both a dividend yield and price-earnings ratio and is expected to produce shareholder returns through .Smith Co, has the price-earnings ratio of the three companies. Check My Work 3 more Check My Work uses remaining. Previous Next e v 12:1
Dividend Yield Net Income Average stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Previous Year Current Year Previous Year Current Year $50,750 $69,600 1,450,000 2,175,000 The dividend payout 2.76 4.13 19.00 Calculate the dividend yield for Evans & Sons for each year. Did the dividend yield improve? Numerator Denominator ♦ 2.90 4.64 21.00 0 0 from previous year to the current year. 0 0 Dividend Yield % %
Using the following information on Share Z, what is the estimate of Share Z’s next year share price as given by the P/E and by P/CF? P/E P/S P/CF Current value per share $5.50 $14.90 $6.8 5-year average price ratio 10.2 4.0 7.6 5-year average growth rate 15.0% 12.70% 13.0%
Dividend Payout Ratio Previous Year Current Year Net Income $35,000 $48,000 Average stockholders' equity 1,000,000 1,500,000 Dividend per common share 1.90 2.00 Earnings per share 2.85 3.20 Market price per common share, year-end 19.00 21.00 Calculate the dividend payout for Evans & Sons for each year. Did the dividend payout increase? Numerator Denominator Dividend Payout Ratio Answer Answer Previous Year Answer Answer Current Year Answer Answer
< A company reports the following: Net income Preferred dividends Average stockholders' equity Average common stockholders' equity Round percentages to one decimal place. a. Determine the return on stockholders' equity. % $199,450 14,770 1,293,540 860,050 b. Determine the return on common stockholders' equity. %
Dividend Yield The market price for Macro Corporation closed at $46.62 and $40.00 on December 31, current year, and previous year, respectively. The dividends per share were $0.69 for current year and $0.80 for previous year. a. Determine the dividend yield for Macro on December 31, current year, and previous year. Round percentages to two decimal places. Current year % Previous year % b. The dividend yield from the previous year to the current year. This is a result of a(n) in the dividend relative to stock price.