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..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Evaluate the methodology for assessing the execution

evaluate the methodology for assessing the execution of a balanced scorecard system. Describe the techniques you would employ to determine the effectiveness of a balanced scorecard in your organization.

  Delores estate tax base

In 1998, Delores made taxable gifts to her son of property with a FMV of $200,000. In the current year when Delores dies, the property is worth $800,000. The amount included in Delores's estate tax base because of the 1998 gift is:

  What are rhoda penalties for failure to file

Rhoda, a calendar year taxpayer, files her 2010 return on November 4, 2012. She did not obtain an extension for filing her return, and the return reflects additional income tax due of $25000.

  Labor hours to activity-based costing

R-Ball is considering switching from one overhead rate based on labor hours to activity-based costing. Total overhead costs assigned to deluxe racquets, using a single overhead rate, are

  Determining the cash flow by using current system

What is the Year 3 cash flow if Brisbane keeps using its current system? What is the Year 3 cash flow if Brisbane replaces its current system? supposing the discount rate of 8%, what is the net present value when Brisbane keeps using its current syst..

  What compliance techniques may usaco employ

USAco, a domestic corporation, forms a Canadian subsidiary, CANco, to distribute USAco's widgets in Canada. USAco sells widgets to CANco for resale in Canada, provides CANco with USAco's unique distribution software, and provides the use of USAco'..

  Problem related to depreciation expense

Why should the accounting for the lessor be different depending on whether the residual value is guaranteed or unguaranteed? Couldn't they just "adjust" the depreciation expense at the end of the term if the lessee does not pay the residual?

  Poor operating income performance

The following product line information is for the Swiss Watch Company. The company is considering dropping its Children's product line due to poor operating income performance. Fixed expenses are allocated to each product line based on sales reven..

  What was the cost of goods manufactured for may

The One Stop Print Shop has used the same overhead rate on all jobs. Job 216 was the only job in process at the beginning of the month. At that time it had incurred direct labor costs of $150 and total cost of $570.

  How much gain must troy recognize on his home

Troy (single) purchased a home in Hopkinton, Massachusetts, on April 6, 2005, for $300,000. He sold the home on October 6, 2012, for $320,000.

  Revenues and gains in the statement of activities

Which of the following items would not be reported in the section on revenues and gains in the statement of activities of a private college or university?

  Setting up an amortization schedule

Set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of each of the next 3 years. The interest rate is 10 percent, compounded annually.

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