What was the return on equity for the company

Assignment Help Financial Management
Reference no: EM131059776

The Earnings per Share (EPS) of company LMN for 2012 was $ 6. The Book Value per share of the company was $ 72. What was the Return on Equity (RoE) for the company?

Reference no: EM131059776

Questions Cloud

Difference in the monthly payment on the two mortgages : You plan to purchase a $200,000 house using either a 30-year mortgage obtained from your local savings bank with a rate of 7.25 percent, or a 15-year mortgage with a rate of 6.50 percent. You will make a down payment of 20 percent of the purchase pri..
Calculate tootsie rolls weighted average cost of capital : Over the last twenty years there has been considerable consolidation in the confectionary business (e.g the acquisition of row tree PLC by nestle SA in 1988 and Cadbury by Kraft in 2010). you have a suspicion that a large food manufacturer might try ..
Describe to the management what is involved in sdn : CIS3003 2016 Assignment. Research and describe to the management what is involved in SDN (Software Defined Networks) approach to network management.  In your explanation provide a description of the benefits of the process, benefits to the organis..
Show that maximizing expression : Show that maximizing expression (Eq. 8.37) yields the normal equations (Eq. 8.38),
What was the return on equity for the company : The Earnings per Share (EPS) of company LMN for 2012 was $ 6. The Book Value per share of the company was $ 72. What was the Return on Equity (RoE) for the company?
Common stock and retained earnings accounts after dividend : Gordon's Meats has 6,500 shares of stock outstanding. The market value is $26.50 per share. The statement of financial position shows $48,200 in the common stock account, and $142,900 in the retained earnings account. The firm just announced a 5 perc..
Estimating fixed and variable components of cost : Utilizing the high-low method of estimating fixed and variable components of cost, the variable portion is divided by the difference in activity/consumption between the high and low cost levels to find the variable cost per unit.
Magnitude of the magnetic field : An electron experiences the greatest force as it travels 3.7×106 m/s in a magnetic field when it is moving northward. The force is vertically upward and of magnitude 7.4×10-13 N. What is the magnitude of the magnetic field?
Earnings before interest-taxes for first year of project : Margarite's Enterprises is considering a new project. The project will require $325,000 for new fixed assets, $160,000 for additional inventory and $35,000 for additional accounts receivable. Short-term debt is expected to increase by $100,000 and lo..

Reviews

Write a Review

Financial Management Questions & Answers

  What are sec financials required to adhere

What are companies registered with the Securities & Exchange Commission (SEC) required to include with their financial reports and what are SEC financials required to adhere to?

  Growth rate in dividends-what is the current share price

Apocalyptica Corporation is expected to pay the following dividends over the next four years: $6.20, $17.20, $22.20, and $4.00. Afterwards, the company pledges to maintain a constant 5.50 percent growth rate in dividends, forever. Required: If the re..

  What is the growth rate of the firm

We know the following about Ryan Inc. The net profit margin is .10, the ATO is 4 and the leverage ratio is 1.6. Compute the ROE. If the dividend payout ratio is .5, what is the growth rate of the firm? The equity book value is $100 million and the fi..

  What is barrys total profit or loss

What is Barry's total profit or loss if the value of the yen in one month is 0.0070 euro? What is Barry's total profit or loss if the value of the yen in one month is $0.0090 euro?

  Based on the free cash flow valuation model

Based on the free cash flow valuation model, the value of Weidner Co.'s operations is $1,200 million. The company's balance sheet shows $80 million in accounts receivable, $60 million in inventory, and $100 million in short-term investments that are ..

  Compound an initial lump sum annually instead of monthly

When you compound an initial lump sum annually instead of monthly at the same nominal interest rate over the same three year period, what will happen to the future value? Same question in other words: what happens to the future value if you compound ..

  Annual inventory cost of aggregate replenishment strategy

Harley Davidson purchases components from three suppliers. Components purchased from Supplier A are priced at $ 5 each and used at the rate of 240,000 units per year. Components purchased from Supplier B are priced at $ 4 each and are used at the rat..

  What is the operating cash flow for project

How would you solve for this? What is the operating cash flow for the following project? Sales are $200,000, operating costs are $50,000, depreciation is $20,000 and the tax rate is 30%.

  Considering new project-net present value of the project

Lucky Inc is considering a new project. The project will generate revenues of $16 million and operating costs of $9,000,000 annually for the next 5 years. Interest expense is $1,000,000 per year. What is the net present value of the project?

  Present an example of a business situation

Present an example of a business situation that you believe would lend itself to the use of a quantitative business model. Clearly explain how the model could be used in this situation.

  Establishment of local collection centers around the country

Neon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by three ..

  What is the marginal tax rate and average tax rate

The Anberlin Co. had $294,000 in 2011 taxable income. Use the tax rates from Table 2.3. What is the average tax rate? What is the marginal tax rate?

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