Calculate ROE for the year ended December

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Reference no: EM133031958

Problem - The following information was available for the year ended December 31, 2019:

Sales

$460,000

Net income

66,140

Average total assets

760,000

Average total stockholders' equity

365,000

Dividends per share

1.33

Earnings per share

3.00

Market price per share at year-end

27.60

Required -

a. Calculate margin, turnover, and ROI for the year ended December 31, 2019.

b. Calculate ROE for the year ended December 31, 2019.

c. Calculate the price/earnings ratio for 2019.

d. Calculate the dividend payout ratio for 2019.

e. Calculate the dividend yield for 2019.

Reference no: EM133031958

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