Reference no: EM131688469
Assignment:
Answer the following questions using the provided date table in complete 2-3 double-spaced pages in length. Give real-world examples whenever possible. Please show all of your work, including all formulas used, if the question requires calculations.
Combining information from the S&P reports and some estimated data, the following calendar-year data, on a per-share basis, are provided:
|
Year
|
Price Range Low High
|
Earnings
|
Dividends
|
Book
Value
|
(D/E)
100(%)
|
Annual
Avg. P/E
|
ROE =
E/Book
TR%
|
|
1999
|
$26.5-$35.3
|
$4.56
|
$1.72
|
$25.98
|
37.7
|
7.0
|
17.6%
|
|
2000
|
28.3-37.0
|
5.02
|
1.95
|
29.15
|
38.8
|
6.2
|
17.3
|
|
2001
|
23.5-34.3
|
5.14
|
2.20
|
32.11
|
42.8
|
5.8
|
16.0
|
|
2002
|
27.8-35.0
|
4.47
|
2.20
|
30.86
|
|
7.7
|
|
|
2003
|
29.0-47.8
|
5.73
|
2.30
|
30.30
|
|
6.8
|
|
|
2004
|
36.6-53.5
|
6.75
|
2.40
|
39.85
|
|
|
|
|
2005
|
|
6.75
|
2.60
|
44.00
|
|
|
|
Use the table above and write the calculations that demonstrate the values requested.
a. Calculate the D/E, ROE, and TR for 2002, 2003, and 2004. (Use the average of the low and high prices to calculate TRs.)
b. Show that from 2000 through 2004 the per annum growth rate in dividends was 6.9 percent and for earnings was 8.2 percent.
c. Using the current price of $47, with estimated earnings for 2005 of $6.75, show that the P/E would be evaluated as 6.96.
d. On the basis of the annual average P/E ratios shown above and your estimate in Problem c, assume an expected P/E of 7. If an investor expected the earnings of GF for 2005 to be $7.50, show that the intrinsic value would be $52.50.
|
Explain how the experimenter can be an extraneous variable
: Explain how the experimenter can be an extraneous variable, What are some ways to control experimenter effects
|
|
How many pounds of cheese the american consumes
: The American Time Use Survey of 2003 stated that the average American consumes 31 pounds of cheese in a year. A reporter speculated that Americans' love.
|
|
Define the definition of a no-blame culture
: Which of the following is a group of health care providers from different backgrounds who work together and bring unique expertise to the group
|
|
Speaking or hearing the spoken words
: Can we communicate effectively with one another without the use of speaking or hearing the spoken words of another person or gain
|
|
Calculate the d-e roe and tr
: Calculate the D/E, ROE, and TR for 2002, 2003, and 2004. (Use the average of the low and high prices to calculate TRs.)
|
|
Theory and practice of touring
: Tourism is travel for pleasure or business, it is the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists
|
|
Identify pertinent history or medical information
: Describe the client (without violating HIPAA regulations) and identify any pertinent history or medical information, including prescribed medications.
|
|
Experiences of african-americans changed since
: How much have the lives and experiences of African-Americans changed since the year 1903, when The Souls of Black Folk was first published?
|
|
Establish the reverberant sound pressure level in the chapel
: ME5509 - Acoustics Assignment. Establish the reverberant sound pressure level in the chapel due to the ventilation system acting on its own
|