Deere & Company (DE) manufactures and distributes farm and construction machinery that it sells around the world.

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Deere & Company (DE) manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deere’s credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except per-share amounts):

1. Compute the following ratios for each year.

a. Return on total assets

b. Return on stockholders’ equity

c. Earnings per share

d. Dividend yield

e. Price-earnings ratio

2. Based on these data, evaluate Deere’s profitability.

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Related Book For  book-img-for-question

Financial And Managerial Accounting

ISBN: 9780357714041

16th Edition

Authors: Carl S. Warren, Jefferson P. Jones, William Tayler

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