The Following Information Was Provided by Jongeward Company as of December

question 35

Essay

The following information was provided by Jongeward Company as of December 31, 2012: On the most recent trading date, Jongeward's common shares sold at $36 and the preferred shares sold at $14.
The following information on industry averages is provided:
Earnings per share $3.06
Price-earnings ratio 19.2:1
Required:
1) Calculate and compare Jongeward Company's ratios with the industry averages shown above.
2) Discuss whether you would invest in this company.

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Definitions:

Capitalization

Refers to the writing of a word with its first letter in uppercase and the remaining letters in lowercase, applicable to proper nouns and certain other cases.

West Street

Typically refers to a specific street name that could be found in various cities or towns, often designated by its western location or direction.

Cincinnati

A city in the state of Ohio, United States, notable for its historical architecture, cultural festivals, and sports teams.

Capitalization

The writing convention involving the use of uppercase letters at the beginning of sentences, proper nouns, and titles for emphasis or clarity.