Consider the following data for New York Bankcorp: Net income was $315 million for 20 Upper X2
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Consider the following data for New York Bankcorp:
Net income was $315 million for 20 Upper X2 The preferred stock is 2 cumulative The par value of the preferred stock is also its liquidation value The regular annual dividend on the preferred stock was declared and paid and the common shareholders received dividends of $ 0.45 per share The market price of the common stock on December 31, 20 Upper X 2, was $ 1,500 per share.
Compute the following statistics for 20X2: rate of return on Common equity, earnings per share of common stock, puce-earnings ratio, dividend-payout ratio, dividend-yield ratio, and book value per share of common stock.
Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
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