Question

Deere & Co. manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deere & Co.’s credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except pershare amounts):


1. Calculate the following ratios for each year:
a. Rate earned on total assets
b. Rate earned on stockholders’ equity
c. Earnings per share
d. Dividend yield
e. Price-earnings ratio
2. What is the ratio of average liabilities to average stockholders’ equity for Year 3?
3. Based on these data, evaluate Deere & Co.’sperformance.


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  • CreatedFebruary 28, 2014
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