Question

Financial information for Samsung (www.Samsung.com) follows (drawn from its financial statements and footnotes):
Net income less dividends available to preferred shares (in millions) . . . . . W 25,893,396
Cash dividends declared for common stock (in millions). . . . . . . . . . . . . . W 1,806,629
Cash dividends declared per common share . . . . . . . . . . . . . . . . . . . . . . . . W 14,300
Number of common shares outstanding (in millions)*. . . . . . . . . . . . . . . . . . . . 130.915
Weighted average common shares outstanding (in millions) . . . . . . . . . . . . . . . . 130.880
Equity applicable to common shares (in millions)†. . . . . . . . . . . . . . . . . . . W149,896,543
*Computed as 147.299 mil. issued shares less 16.384 mil. treasury shares.
†Computed as W150,016,010 total equity less W119,467 preferred stock.
Required
1. Compute book value per share for Samsung.
2. Compute earnings per share (EPS) for Samsung.
3. Compare Samsung’s dividends per share with its EPS. Is Samsung paying out a large or small amount of its income as dividends? Explain.


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  • CreatedApril 23, 2015
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