Use the following comparative figures for Apple and Google. Required 1. Compute the book value per common

Question:

Use the following comparative figures for Apple and Google.

Key Figures Apple Google Net income (in millions)... $ 45,687 $ 2.18 $ 19,478 Cash dividends declared per common share. Common shares outstanding (in millions)... Weighted-average common shares outstanding (in millions) 5,336.166 691.293 5,470.820 687.782 Market value (price) per share.... $ 112.71 $ 128,249 $ 771.82 $139,036 Equity applicable to


Required

1. Compute the book value per common share for each company using these data.

2. Compute the basic EPS for each company using these data.

3. Compute the dividend yield for each company using these data.

4. Compute the price-earnings ratio for each company using these data.

5. Based on the PE ratio, for which company do investors have greater expectations about future performance?

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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: