! Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? 2024 $156 $23 300 $11.87 2023 $188 $18 400 $10.82
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![Required information
[The following information applies to the questions displayed below.]
Financial information for Forever 18 includes the following selected data:
($ in millions)
Net income
Dividends on preferred stock
Average shares outstanding
Stock price
Required:
1-a. Calculate earnings per share in 2023 and 2024.
1-b. Did earnings per share increase in 2024?
2024
$156
$23
300
$11.87
2023
$188
$18
400
$10.82](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1c8773d-3f1d-494c-b776-10604035d8d4%2F8e629c27-449a-40c3-84c0-ccdc0614246e%2Fz46rypo_processed.png&w=3840&q=75)
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- Ratio Analysis Consider the following information taken from the stockholders equity section: How do you interpret the companys payout and profitability performance? Required: 1. Calculate the following for 2020. (Note. Round answers to two decimal places.) 2. CONCEPTUAL CONNECTION Assume 2019 ratios were: and the current year industry averages are: How do you interpret the companys payout and profitability performance?Required information [The following information applies to the questions displayed below] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income 2023 Dividends on preferred stock Average shares outstanding Stock price Req 28 2024 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings? Complete this question by entering your answers in the tabs below. Req 2b Numerator/Denominator 2824 Amounts $172 Calculate the price-earnings ratio in 2023 and 2024. (Enter your price-eamings ratio values to two decimal places. Enter your answers in millions (l.e. 5,550,000 should be entered as 5.55).) Price-Earnings Ratio Req2a $24 400 $11.82 2023 Req 2b > $185 $19 508 $10.77Financial information for Forever 18 includes the following selected data:($ in millions) 2021 2020Net income $ 129 $ 308Dividends on preferred stock $ 20 $ 15Average shares outstanding 150 400Stock price $ 12.02 $ 10.97Required:1. Calculate earnings per share in 2020 and 2021. Did earnings per share increase in 2021?2. Calculate the price-earnings ratio in 2020 and 2021. In which year is the stock priced lower in relation to reported earnings?
- ! Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price 2024 $156 $23 300 $11.87 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings? 2023 $188 $18 400 $10.82Exercise 10-19 (Algo) Calculate and analyze ratios (LO10-8) [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Exercise 10-19 (Algo) Part 1 Dividends on preferred stock Average shares outstanding Stock price Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? 2023 Req la 2024 Complete this question by entering your answers in the tabs below. Req 1b Numerator/Denominator 2024 Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share $279 $24 450 $10.67The following information was available for the year ended December 31, 2022: Dividends per share Earnings per share 1.35 3.00 28.20 Market price per share at year-end Required: a. Calculate the price/earnings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). a. Price/Earning ratio b. Dividend payout ratio c. Dividend yield % Ji di %
- The following information was available for the year ended December 31, 2022 Dividende per share Earnings per share Market price per share at year and 1.35 Required: a. Calculate the price/earrings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022 Note: Round your percentage answer to 2 decimal places (La, 9.1234 should be entered as c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (.a., 0.1234 should be entered as 12.34) Price/Eaming ratio b. Dividend payout ratio c. Dividend yieldFinancial information for Forever 18 includes the following selected data: ($ in millions) 2024 2023 Net income $160 $171 Dividends on preferred stock $22 $17 Average shares outstanding 250 300 Stock price $11.92 $10.87 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings?CASE3: Data as given are shown below: Year Bartman Reynolds Market Index Stock Price Dividend Stock Price Dividend 2020 $17.250 $1.150 $48.750 $3.000 11,663.98 2019 14.750 1.06 52.300 2.90 8,785.70 2018 16.500 1.000 48.750 2.750 8,679.98 2017 10.750 0.950 57.250 2.500 6,434.03 2016 11.375 0.900 60.000 2.250 5,602.28 2015 7.625 0.850 55.750 2.000 4,705.97 Use the data given to calculate annual returns for Bartman and Reynolds, and the Market Index, and then calculate average returns over the five-year period. (Hint: Remember, returns are calculated by subtracting the beginning price from the ending price to get the capital gain or loss, adding the dividend to the capital gain or loss, and dividing the result by the beginning price. Assume that dividends are already included in…
- Additional information: 1. The market price of Pina’s common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 2. You must compute dividends paid. All dividends were paid in cash. Compute the following ratios for 2021 and 2022. 2022 2021 Profit margin enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Gross profit rate enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Asset turnover enter asset turnover in times times enter asset turnover in times times (Round answers to 2 decimal places, e.g. 1.83.) Earnings per share $enter earnings per share in dollars $enter earnings per share in dollars (Round answers to 2 decimal places, e.g. 1.83.) Price-earnings ratio enter price-earnings ratio in times times enter price-earnings ratio in times times (Round answers to 1 decimal place,…! Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data (in millions): ($ in millions) Net income 2017 2018 Preferred stock dividends Average shares outstanding (in millions) Stock price ($ in millions) Price-Earnings Ratio $ + LA LA 2018 120 30 250 $ 11.47 $ $ LA LA $ 2-a. Calculate the price-earnings ratio in 2017 and 2018. (Enter your answer in millions rounded to 2 decimal places (i.e. 5,550,000 should be entered as 5.55).) 2017 210 21 500 10.42 =Given the following price and dividend information, calculate the $1 invested equivalent. (Round to 4 decimals) Stock: MSFT Year Price Dividend 2017 $ 64.65 2018 $ 95.01 $ 1.72 2019 $ 104.43 $ 1.89 2020 $107.23 $ 2.09 2021 $231.96 $ 2.30 2022 $310.98 $ 2.54 2023 $ 247.81 $ 3.00