Montpelier Lumber Corp. reported the following information. Compute the following for each year, 20092011. 1. Return on
Question:
Montpelier Lumber Corp. reported the following information.
Compute the following for each year, 2009–2011.
1. Return on equity
2. Times interest earned (ignore income taxes)
3. Earnings per share
4. Dividend payout ratio
5. Price-earnings ratio
6. Book-to-marketratio
Transcribed Image Text:
2011 2010 2009 8% bonds payable Common stock, $I par Additional paid-in capital Retained earnings Net income Dividends Year-end stock price per share s 800.000800.000 800,000 220,000 2,000,000 430,000 1430,000 00.000 90,000 40,000 12 250,000 200,000 90,000 220,000 150,000 110,000 190.000 60000 25
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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