Question: Knirsfla Imports has total shareholders equity of 1 298 000 on

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 $ 67,800. The stock was selling for $ 15 per share. Compute the following:
A. Return on common equity
B. Dividend payout ratio
C. Earnings per share
D. Price- earnings ratio
E. Dividend yield


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  • CreatedMarch 25, 2015
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