Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Ratios in the ?nancial press
Newspapers such as the Financial Times and the Wall Street Journal publish share price and dividend data for quoted companies every day. Set out below are data for three large international retailers. The companies have their headquarters in France, UK and USA respectively. Although the business strategy each pursues is slightly different, investors benchmark each company's performance against the others'. The share price and market capitalisation figures are taken from the 29 April 2002 edition of the Financial Times.
Share price (closing)
Mkt cap. (in million)
Yield, gross
P/E ratio
Carrefour
A49.52
A35,216
1.1
29.1
Tesco
£2.63
£18,214
2.1
21.8
Wal-Mart
$55.80
$248,378
0.5
37.4
(i) Mkt cap.: Shares outstanding ´ share price
(ii) Yield, gross: Per-share dividend (before withholding tax) 100 Share price
Required
(a) Estimate Carrefour's net income (in euros) in the latest 12 months (to end-March 2002).
(b) Calculate the dividend cover (or its reciprocal, the payout ratio) as of end-April 2002 for each of the three companies.
(c) Wal-Mart's P/E ratio in April 2002 is much higher than that of the other two companies. Suggest possible reasons for this.
What sales price per unit will be necessary this year if management wishes to maintain the same profit to sales ratio as last year?
digging foundation for the road, $3,000; laying and paving driveway, $25,000; lighting $7,500; signs $1,500. list out the items and amounts that should be included in the land account
Net income for the year ended December 31, 2001, was $3,000,000. Assuming an income tax rate of 30%, illustrate what should be diluted earnings per share for the year ended December 31, 2001?
You are to research for an event (NOT BP-Gulf of Mexico or Exxon Valdez as they are likely to be discussed with you) where a company created a situation where their legitimacy was compromised.
An investment has the following cash flows. Should the project be accepted if it has been assigned a required return of 9.5%? Why or why not?
Compute sales level required in both dollars and units to earn $210,000 of after-tax income in 2010 with the machine installed and no change in unit sales price. Assume that the income tax rate is 30%.
Cash Discount Versus Loan: Joanne Germano works in an accounts payable department of a major retailer. She has attempted to convince her boss to take the discount on the 1/15 net 65 credit terms most suppliers offer, but her boss argues that giving u..
Renegade Publishers Inc. projected sales of 61,000 diaries for 2014. The estimated January 1, 2014, inventory is 4,900 units, and the desired December 31, 2014, inventory is 7,000 units. What is the budgeted production (in units) for 2014?
During the current year, Horton reported operational income of $160,000 and dividend income from Juvyn of $160,000 and dividend income from Juvyn of $27,000. At the same time, Juvyn reported operational income of $50,000 and dividend income from H..
Peluso Company, a manufacturer of snowmobiles, is operating at 70% of plant capacity. Peluso's plant manager is considering making the headlights now being purchased from an outside supplier for $21 each. The Peluso plant has idle equipment that coul..
Evaluate the amount of Clem's expenses that are deductible for AGI this year under the subsequent circumstances
New stocks of the material can be readily purchased for $6.65 per liter. Illustrate what is the relevant cost of the 720 liters of the raw material when deciding how much to bid on the special orde
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd