Knirsfla Imports has total shareholders equity of $ 1,298,000 on September 30, 2010 The company issues only no par common stock and had 300,000 shares outstanding on that date During the fiscal year ended September 30, 2010, the company earned net income of $ 186,600 and paid dividends totaling $ 6...

a Return on Common Equity Net IncomeCommon Equity 1866001298000 144 b Dividend Payout Ratio Divi ...

Knirsfla Imports has total shareholders equity of $ 1,298,000 on September 30, 2010. The company issues only

Question:

Knirsfla Imports has total shareholders’ equity of $ 1,298,000 on September 30, 2010. The company issues only no-par and had 300,000 shares outstanding on that date. During the fiscal year ended September 30, 2010, the company earned net income of $ 186,600 and paid dividends totaling $ 67,800. The stock was selling for $ 15 per share. Compute the following:
A. Return on common equity
B. payout ratio
C. Earnings per share
D. Price- earnings ratio
E. yield
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... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...