Compute the earnings per share financial data

Assignment Help Accounting Basics
Reference no: EM131621484

Exercise - Financial Ratios for Assessing Market Performance

Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 800,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of the year was $18. All of the company's sales are on account.

Required: Compute the following financial data for this year:

1. Earnings per share.

2. Price-earnings ratio.

3. Dividend payout ratio.

4. Dividend yield ratio.

5. Book value per share.

Attachment:- Assignment.rar

Reference no: EM131621484

Questions Cloud

Failure of the treaty of versailles : Hitler's rise to power can definitely be traced back to WWI and the failure of the Treaty of Versailles. Hitler himself fought during the full four-year.
Explain what frank can do under the circumstances : Explain whether Sear's is correct in what they contend and explain why or why not
What are the functions of water in the body : State their functions, sources and deficiency conditions. What are the functions of water in the body? What is the general effect of dehydration on the body?
African americans and reconstruction : Describe and comment on the issues involved in the impeachment of Andrew Johnson. African Americans and Reconstruction
Compute the earnings per share financial data : Comparative financial statements for Weller Corporation, a merchandising company, Compute the following financial data for this year: Earnings per share
Create a one-page professional resume : Create a 1-page professional résumé that illustrates your education.Focus on your knowledge of electronic health records .
Determine what role health plays in developing economies : Determine how human capital is used and what effect gender disparity has on these decisions. Determine what role health plays in developing economies.
Question on apocalypse now : For Grand Illusion, we asked you to look at aspects of the film that involved camera movement and composition in depth, but for Apocalypse Now.
Find range for the number of days patient stays in hospital : Find the range for the number of days a patient stays in the hospital: 2 days; 15 days; 7 days; 3 days; 1 day; 3 days; 5 days; 2 days; 4 days; 1 day; 2 days.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd