Use the Following Information to Obtain the Ratios Requested Below

question 111

Essay

Use the following information to obtain the ratios requested below.Where necessary,carry answers to one decimal place.
Dividends per share: $.76
Market price per share: $40
Net income: $64,000
Stockholders' equity,beginning of year: $500,000
Stockholders' equity,end of year: $530,000
Earnings per share: $1.75
a.Dividends yield = _____________%
b.Return on equity = _____________%
c.Price/earnings (P/E)ratio = __________ times

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Definitions:

Place Element

One of the four Ps in the marketing mix, referring to the distribution and accessibility of a product or service to the target market.

Marketing Mix

The set of controllable marketing variables, traditionally identified as product, price, place, and promotion, that a company uses to pursue its marketing objectives.

Supply Chain

The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Value

The importance, worth, or usefulness of something, often considered in terms of monetary, social, or personal significance.