Question

Selected financial information about Upper End Clothing, Inc. is as follows:

Total assets .............................................................. $20,000,000
Total liabilities ........................................................ $8,000,000
Total preferred stock ............................................... $3,000,000
Total annual preferred stock dividends ................... $240,000
Net profits after tax ................................................. $2,500,000
Number of shares of common stock outstanding ....... 500,000 shares
Current market price of common stock ...................... $50.00 a share
Annual common stock dividends ............................... $2.50 a share

Using the company’s financial information, compute the following:
a. The stock’s dividend yield
b. Book value per share
c. EPS
d. P/E ratio



$1.99
Sales11
Views383
Comments0
  • CreatedFebruary 13, 2015
  • Files Included
Post your question
5000