Chris Luna is researching the DuPont Corporation.   The following is the current stock listing:   Price is $48.75, and the 52 week range $39 $49.   Average earnings per share is $3.20 and the dividend is $1.47   (a) What is the P/E ratio to the nearest whole number?   (b) What is the yield to the nearest hundredth?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
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Chris Luna is researching the DuPont Corporation.

 

The following is the current stock listing:

 

Price is $48.75, and the 52 week range $39 $49.

 

Average earnings per share is $3.20 and the dividend is $1.47

 

(a) What is the P/E ratio to the nearest whole number?

 

(b) What is the yield to the nearest hundredth?

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