.Use the following information to obtain the ratios requested below. Where necessary, carry answers

.Use the following information to obtain the ratios requested below. Where necessary, carry answers to one decimal placeDividends per share: $1.14Market price per share: $54Net income: $118,000Stockholders’ equity, beginning of year: $500,000Stockholders’ equity, end of year: $530,000Earnings per share: $1.75a. Dividends yield = _____________%b. Return on equity = _____________%c. Price/earnings (P/E) ratio = __________ times

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply