Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net income $35,000 $55,000 Preferred stock dividends 3,000 3,000 Average common stockholders' equity 1,200,000 1,500,000 Dividend per common share 1.20 1.20 Earnings per share 1.90 2.05 Market price per common share, year-end 19.50 21.00 Calculate the common stock dividend yield for Los Altos, Inc. for both years. Round to one decimal. Year 1 Year 2 Common stock dividend yield Did the dividend yield improve from Year 1 to Year 2?

Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net income $35,000 $55,000 Preferred stock dividends 3,000 3,000 Average common stockholders' equity 1,200,000 1,500,000 Dividend per common share 1.20 1.20 Earnings per share 1.90 2.05 Market price per common share, year-end 19.50 21.00 Calculate the common stock dividend yield for Los Altos, Inc. for both years. Round to one decimal. Year 1 Year 2 Common stock dividend yield Did the dividend yield improve from Year 1 to Year 2?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The balance sheet of QUIGGE and get the end of the current fiscal year indicated the following bonds payable 8% $1 million preferred $10 stock $100 par 117,000 common stock $13 par 1,026,675 income before and come tax expense was $200,000 in income taxes for $30,350 for the current year cash dividends paid common stock during the current. Your total is $do 47,285 common stock with selling for $20 per share at the end of the year determine each of the following round answers to one decimal place, except for dollar amounts, which should be rounded to the nearest whole cent a. Times interest earned ratio. b. Earnings per share in common stock. c. Price earnings ratio. d. Dividends per share of common stock. e. Dividend yield.
A company reports the following: Net income Preferred dividends Average stockholders' equity $190,000 7,600 1,532,258 848,372 Average common stockholders' equity Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your answers to one decimal place. a. Return on Stockholders' Equity b. Return on Common Stockholders' Equity % %
Return on Equity Evans & Sons, Inc., disclosed the following information in a recent annual report: Net Income Average stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Previous Year Current Year $94,500 1,000,000 Previous Year $ Current Year $ 5.13 7.70 51.30 Did the return improve? The return on common stockholders' equity Calculate the return on equity for Evans & Sons for each year. Did the return improve? Numerator Denominator $129,600 1,500,000 0 0 5.40 8.64 56.70 ◆ 0 0 from the previous year to the current year. ROE % %
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