Chevron Corporation is one of the largest oil companies in the world. The companys revenue in 2011
Question:
1. Compute the average number of common shares outstanding during the year.
2. The dividend-payout ratio was 22.8%. What was the amount of dividends per share?
3. The market price of the stock at the end of the year was $106.40 per share. Compute
(a) Dividend-yield
(b) P-E ratio.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
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