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

---

Definitions:

United States

A country in North America known for its diverse population and as a prominent political and economic power on the global stage.

India

A country in South Asia, characterized by its diverse culture, languages, and historical significance.

Generation

A group of individuals born and living around the same time, typically considered to span about 20-30 years.

Beliefs

Convictions or acceptances that something exists or is true, especially without proof.