Walp Corporation's Most Recent Balance Sheet and Income Statement Appear

question 9

Essay

Walp Corporation's most recent balance sheet and income statement appear below:

Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $7.75 per share.
Required:
Compute the following for Year 2:
a. Gross margin percentage.
b. Earnings per share (of common stock).
c. Price-earnings ratio.
d. Dividend payout ratio.
e. Dividend yield ratio.
f. Return on total assets.
g. Return on common stockholders' equity.
h. Book value per share.

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Definitions:

Element Cl

Chlorine, a reactive halogen element found in the periodic table with the symbol Cl, used in various industrial and chemical processes.

Halite

A mineral better known as rock salt, formed by the evaporation of salty water in ancient seas or lakes.

Element F

Fluorine, a highly reactive and electronegative element in the halogen group with the symbol F.

Silicon Tetrahedron

A fundamental structural unit of silicate minerals, consisting of four oxygen atoms surrounding a central silicon atom in a tetrahedral shape.