Vogelsberg Corporation Has Provided the Following Financial Data

question 160

Essay

Vogelsberg Corporation has provided the following financial data:
The company's net operating income in Year 2 was $62,308; its interest expense was $12,000; and its net income was $32,700. Dividends on common stock during Year 2 totaled $2,700. The market price of common stock at the end of Year 2 was $6.37 per share.Required:a. What is the company's times interest earned ratio for Year 2?b. What is the company's debt-to-equity ratio at the end of Year 2?c. What is the company's equity multiplier at the end of Year 2?d. What is thecompany's earnings per share for Year 2?e. What is the company's price-earnings ratio for Year 2?f. What is thecompany's dividend payout ratio for Year 2?g. What is thecompany's dividend yield ratio for Year 2?h. What is the company's book value per share at the end of Year 2?

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Definitions:

Digital Music Player

A portable electronic device designed to play digital audio files, such as MP3s, without needing physical media like CDs.

Fair Credit Reporting Act

A federal law in the United States designed to ensure the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies.

Credit Agency Corporation

An entity that collects and provides information on the creditworthiness of individuals and businesses, influencing lending decisions.

Erroneous Information

Incorrect, inaccurate, or false data that may lead to improper decisions or conclusions.