Calculate the following: Note: Round all answers to one decimal place. 3. Price earnings ratio
Calculate the following: Note: Round all answers to one decimal place. 3. Price earnings ratio
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.5.2MBA: Financial leverage Costco Wholesale Corporation (COST) and Wel-Mart Stroes Inc. (WMT)reported the...
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![Financial Ratios for Common Stockholders
Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end the current market
price of the stock was $83 per share.
Calculate the following:
Note: Round all answers to one decimal place.
a. Price earnings ratio
0
b. Dividend yield
%
c. Dividend payout ratio
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff1ac4a5c-5c91-4743-9545-fc03c7695e62%2F19ac125b-5c5c-4b69-9d6e-93d7a202b9ee%2Ftby2py4_processed.png&w=3840&q=75)
Transcribed Image Text:Financial Ratios for Common Stockholders
Kluster Corporation has only common stock outstanding. The firm reported earnings per share of $8.10 for the year. During the year, Kluster paid dividends of $5.04 per share. At year end the current market
price of the stock was $83 per share.
Calculate the following:
Note: Round all answers to one decimal place.
a. Price earnings ratio
0
b. Dividend yield
%
c. Dividend payout ratio
%
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