You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD Change -1.4 Stock SYM YLD RJW Enterprises RJW 2.1 PE 19 Last 63.03 Net Change -.37 a. What is the annual dividend? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What was the closing price for this stock that appeared in yesterday's paper? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. If the company currently has 27 million shares of stock outstanding, what was net income for the most recent four quarters? Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89. a. Annual dividend b. Yesterday's closing price c. Net income

You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD Change -1.4 Stock SYM YLD RJW Enterprises RJW 2.1 PE 19 Last 63.03 Net Change -.37 a. What is the annual dividend? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What was the closing price for this stock that appeared in yesterday's paper? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. If the company currently has 27 million shares of stock outstanding, what was net income for the most recent four quarters? Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89. a. Annual dividend b. Yesterday's closing price c. Net income

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

Problem 2MAD

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You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD %Change Stock SYM −1.1 RJW Enterprises RWJ YLD 2.0 PE 15 a. Annual dividend b. Yesterday's closing price c. Net income Net Last Change 140.00 -.43 a. What is the annual dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What was the closing price for this stock that appeared in yesterday's paper? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. If the company currently has 31 million shares of stock outstanding, what was net income for the most recent four quarters? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)
A stock is bought for $23.25 and sold for $28.69 a year later, immediately after it has paid a dividend of $4.18. What is the capital gain rate for this transaction? NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign. A stock is bought for $29.45 and sold for $35.96 a year later, immediately after it has paid a dividend of $3.97. What is the dividend yield for this transaction? NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign. You own a portfolio that has $3,764 invested in Stock A and $7,514 invested in Stock B. If the expected returns on these stocks are 9.33% and 11.67%, respectively, what is the expected return on the portfolio? NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign.
Using the stock table for Dell Technologies below, calculate the earnings per share. Round your answer to the nearest cent.Do not include the $ in your answer.Dell TechnologiesDVMT$66.26$66.40-$66.96$42.02-568.25NameSymbolCloseDay Range52-Week RangeVolumeP/EDividendDividend YieldEPS895,028103.53$0.000%?
The following information was available for the year ended December 31, 2022: Dividends per share Earnings per share 1.35 3.00 28.20 Market price per share at year-end Required: a. Calculate the price/earnings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). a. Price/Earning ratio b. Dividend payout ratio c. Dividend yield % Ji di %
The following problem refers to the stock table for ABC Inc. (a tire company) given below Use the stock table to ansv 52-Week Vol SYM Div % PE 100s 45.24 ABC Inc. ABC 1.78 1.6 17 5915 59.61 57.67 58.19 +1.12 Net Hi Lo Close Chg Yld Low Stock High 73.82 c. What is the annual return for the dividends alone? How does this compare to a bank offering a 3% interest rate? 1.6 % O.A. The yield is lower, and investing in the bank account is always the best option in this case. B. The yield is lower, but there is still the potential to get a better return on the stock investment. d. How many shares of this company's stock were traded yesterday? shares
You have found the following historical information for the Daniela Company: Stock price EPS Year 1 Year 2 Year 3 Year 4 $49.24 2.59 $67.43 $61.19 $67.07 2.65 2.82 2.81 Earnings are expected to grow at 8 percent for the next year. What is the PE ratio for each year? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Year 1 Year 2 Year 3 Year 4 What is the average PE ratio over this period? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Average PE Using the company's historical average PE as a benchmark, what is the target stock price in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Target price
Roundall dollar answers to 2 decimal places and record all interest rate, coupon rate and growth rate answers as a percentrounded to one decimal place 44. Assume that the current market price of Zigi, Inc. stock is $54.59. If Zigi, Inc. just paid a dividend of $4.57per share (i.e., D0 = 4.57), and if investors expect that the company’s dividends will grow at an annual rate of2.47% forever, then Zigi, Inc.’s required rate of return is ____%. (Record your answer rounded to 1 decimalplace; for example, record 18.29654% as 18.3).45. Phillips, Inc. just paid a dividend of $3.25 per share on its common stock (that is, D0 = 3.25). Investors expectthe dividend to grow at 45% in years 1 and 2, they expect the dividend to grow at 25% in year 3 and theyexpect that all future dividends (that is, dividends in years 4, 5, ..., infinity) to grow at a constant rate of 5%per year. If the cost of capital for Phillips, Inc. stock is 18%, what is the current price of the stock?
On a particular date, FedEx has a stock price of $88.24 and an EPS of $7.36. Its competitor, UPS, had an EPS of $0.30. What would be the expected price of UPS stock on this date, if estimated using the method of comparables? Question content area bottom Part 1 A.$5.40 B. $7.19 C.$8.00 D.$3.60
Ch. 9. The next dividend payment by Skippy Jon Jon, Inc., will be $1.08 per share. The dividends are anticipated to maintain a growth rate of 4 percent, forever. The stock currently sells for $24 per share. What is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) Format as a percentage as "X.X"
16) Compute the required values under the following circumstances: (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Do (dividend at the beginning of the first period) = $7; growth rate for dividends and earnings (g) = 5%; Po = $63; F = $4.00. O a. D-7.35 and K, 16.67% and Kn=17.80% O b. O c. D-7.35 and K, -14.67% and K, -14.80% D 6.35 and K, -15.67% and K, = 16.80% D-8.35 and K. -15.67% and K, = 16.80% e. D-9.35 and K, -14.67% and K, -18.80% Od.
The Dahlia Flower Company has earnings of $1.48 per share. a. If the benchmark PE for the company is 15, how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. If the benchmark PE for the company is 18, how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Stock price b. Stock price
Suppose a stock you bought one year ago at $102.65 recently paid you a dividend of $3.17. You sold the stock today for $104.00. What is your holding period return (HPR) in both decimal and % form 1. (Sales Price Purchase Price) + Dividends HPR Purchase Price % format Or in