Year-end market price of share

Assignment Help Accounting Basics

Reference no: EM13134844

Ralite Company had net income for the year of $20 Million. It had 2 Million sharees of comon stock outstanding, with a year-end market price of $82 a share. Dividends during the year were $5.74 a share.

Required:

Calculate the following ratios: (a) price/earnings ratio, (b) dividend yield, and (c) dividend payout.

Reference no: EM13134844

Questions Cloud

What type of variable for patient-s heart attack as mild : Patient's heart attack as mild, moderate or severe. The nurse's classification of the severity of the patient's heart attack is an example of what type of variable?

Determine the accounting principles of the foreign : Access the financial statements from the most recent annual report of a foreign company and a domestic company with which you are familiar to complete this assignment.

What is the average atom weight of the element : A hypothetical element Z has two stable isotopes: Z-46 = 46.046 u 64.08% Z-51 = 50.826 u 35.92% What is the average atom weight of the element?

Autoparts warehouse : AutoParts Warehouse is a small auto parts supplier with locations in several Midwestern metro areas. The business is based on the idea of discount prices for auto parts that are always in stock or can be delivered within hours. The owners have decide..

Year-end market price of share : Ralite Company had net income for the year of $20 Million. It had 2 Million sharees of comon stock outstanding, with a year-end market price of $82 a share. Dividends during the year were $5.74 a share.

What is the maximum amount of interest expenditures : What is the maximum amount of interest expenditures that the government would be permitted to report on the bonds for 20X7?

How much work has been done : A piston has an external pressure of 8.00 torr How much work has been done if the cylinder goes from a volume of 0.130 liters to 0.450 liters.

Mathematics-coordinate geometry : Sketch the given region R and then find its area. R is the rectangle with vertices (1, 0), (-2, 0), (-2, 5), and (1, 5).

What happens to social welfare : What happens to social welfare (the sum of consumer surplus and producer profit) as a result of the threat of entry in this market? What happens to equilibrium price? What might this imply about the role of potential competition in limiting market..

User Account

All Pages