Problem #8 Profitability Ratios Gonzales is analyzing the earnings performance of the Bobadilla Transport Corporation. He has gathered the following data from Bobadilla's financial statements and from a report of the closing market prices of shares: Profit for 2019 Preference dividends declared during 2019 Ordinary dividends declared Dec. 31, 2019 Number of Bobadilla ordinary shares outstanding: P743,000 60,000 620,000 Jan. 1, 2019 1,100,000 shs. 1,300,000 shs. Dec. 31, 2019 .Market price per ordinary share on Dec. 31, 2019 P15 Calculate the following ratios relating to the Bobadilla share: 1. Basic earnings per ordinary share 2. Price-earnings ratio 3. Dividend yield on ordinary share

Problem #8 Profitability Ratios Gonzales is analyzing the earnings performance of the Bobadilla Transport Corporation. He has gathered the following data from Bobadilla's financial statements and from a report of the closing market prices of shares: Profit for 2019 Preference dividends declared during 2019 Ordinary dividends declared Dec. 31, 2019 Number of Bobadilla ordinary shares outstanding: P743,000 60,000 620,000 Jan. 1, 2019 1,100,000 shs. 1,300,000 shs. Dec. 31, 2019 .Market price per ordinary share on Dec. 31, 2019 P15 Calculate the following ratios relating to the Bobadilla share: 1. Basic earnings per ordinary share 2. Price-earnings ratio 3. Dividend yield on ordinary share

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 66BE: Profitability Ratios Katrina Corp. is a publicly traded company on a large stock exchange. Katrinas...

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Profitability Ratios Katrina Corp. is a publicly traded company on a large stock exchange. Katrinas financial statement for 2019 and 2018 included the following data: Required: Calculate Katrinas earnings per share as it would be reported on the 2019 income statement.
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Problem 4 (Profitability Ratios) Gonzales is analyzing the earnings performance of the Bobadilla Transport Corporation. He has gathered the following data from Bobadilla's financial statements and form a report of the closing market prices of shares: Profit for 2019 = 743,000 Preference dividends declared during 2019 = 60,000 Ordinary dividends declared December 31, 2019 = 620,000 Number of Bobadilla ordinary shares outstanding: January 1, 2019 = 1,100,000 shs. December 31, 2019 = 1,300,000 shs. Market price per ordinary share on December 31, 2019 = P15 Calculate the following ratios relating to the Bobadilla share: 1. Basic earnings per ordinary share 2. Price-earnings ratio 3. Dividend yield on ordinary share
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