The shares of Bankston Company sell for $75. The firm has a P/E ratio of 12. Fifty
Question:
The shares of Bankston Company sell for $75. The firm has a P/E ratio of 12. Fifty percent of earnings are paid out in dividends. What is the firm’s dividend yield?
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:
Answer rating: 66% (12 reviews)
Computation of the following Earning per share where as Stock Price Pric...View the full answer
Answered By
Mary Boke
As an online tutor with over seven years of experience and a PhD in Education, I have had the opportunity to work with a wide range of students from diverse backgrounds. My experience in education has allowed me to develop a deep understanding of how students learn and the various approaches that can be used to facilitate their learning. I believe in creating a positive and inclusive learning environment that encourages students to ask questions and engage with the material. I work closely with my students to understand their individual learning styles, strengths, and challenges to tailor my approach accordingly. I also place a strong emphasis on building strong relationships with my students, which fosters trust and creates a supportive learning environment. Overall, my goal as an online tutor is to help students achieve their academic goals and develop a lifelong love of learning. I believe that education is a transformative experience that has the power to change lives, and I am committed to helping my students realize their full potential.
5.00+
4+ Reviews
22+ Question Solved
Related Book For
Fundamentals Of Financial Management
ISBN: 9780273713630
13th Revised Edition
Authors: James Van Horne, John Wachowicz
Question Posted:
Students also viewed these Organizational Behavior questions
-
Dividend yield is the annual dividend paid by a company expressed as a percentage of the price of the stock (Dividend/Stock Price 3 100). The dividend yield for the Dow Jones Industrial Average...
-
P Company reports its 10,000 shares of S Company at $40 per share. P Company then purchases an additional 60,000 shares of S Company for $65 each and gains control of S Company. What must be done...
-
Governments around the globe have adopted localized regulations and laws pertaining to the reporting of financial statements. However, as a global economy evolves, standardization of these reports is...
-
Tim plays a computer game. Each game is a win or a loss. He wins three fifths of his first 40 games. He then wins his next 12 games. For all 52 games, Required: work out the ratio wins: losses Give...
-
Using the temperature distribution of Problem 4-18, show that the time lag between maximum points in the temperature wave at the surface and at a depth x is given by Problem 4-18 When a sine-wave...
-
1. How is heat transfer related to temperature? Describe a situation in which heat transfer occurs. What are the resulting forms of energy? When heat transfers into a system, is the energy stored as...
-
The table below describes a hypothetical experiment on 2400 persons. Each row of the table specifies a category of person, as defined by their pre-treatment predictor $x$, treatment indicator $T$,...
-
Each cable of the side spans of the Golden Gate Bridge supports a load w = 10.2 kips/ft along the horizontal. Knowing that for the side spans the maximum vertical distance h from each cable to the...
-
What is the purpose of financial markets? How can this purpose be accomplished efficiently? A./Discuss the functions of financial intermediaries. 15. A number of factors give rise to different...
-
Dr. Roger Jones is a successful dentist but he is experiencing recurring financial difficulties. For example, Dr. Jones owns his office building, which he leased to the professional corporation that...
-
Will an increase in the demand for a monopolists product always result in a higher price? Explain. Will an increase in the supply facing a monopsonist buyer always result in a lower price? Explain.
-
Online Tutors offers monthly access to students for either or both math or science tutors. A market study found that the served by Online Tutors can be divided into two types of students: students...
-
UV radiation having a 300-nm wavelength falls on uranium metal, ejecting 0.500-eV electrons. What is the binding energy of electrons to uranium metal?
-
Assume Evco, Inc., has a current price of $64 and will pay a $2.15 dividend in one year, and its equity cost of capital is 11%. What price must you expect it to sell for immediately after paying the...
-
Suppose Acap Corporation will pay a dividend of $2.72 per share at the end of this year and $2.99 per share next year. You expect Acaps stock price to be $53.72 in two years. If Acaps equity cost of...
-
Suppose Amazon.com Inc. pays no dividends but spent $1.88 billion on share repurchases last year. If Amazons equity cost of capital is 8.1 %, and if the amount spent on repurchases is expected to...
-
Anle Corporation has a current price of $27, is expected to pay a dividend of $2 in one year, and its expected price right after paying that dividend is $28. a. What is Anles expected dividend yield?...
-
Colgate-Palmolive Company has just paid an annual dividend of $1.50. Analysts are predicting dividends to grow by $0.12 per year over the next five years. After then, Colgates earnings are expected...
-
Where do we start numbering carbons on a main chain when both branches and C=C or CC bonds are present?
-
Assume that your audit team has established the following parameters for the examination of ELM's sales transactions: LO G-3 Risk of incorrect acceptance...
-
Explain the need for consistency in display design. Discuss ways in which a designer can achieve consistency.
-
Consider the same basic facts as in P12-2, but instead of a forward contract Sue purchases put options to sell 300,000 bushels at $6.20 per bushel. The options cost $0.05 a bushel. REQUIRED 1....
-
The accounts of Lincoln International, a U.S. corporation, show $81,300 accounts receivable and $38,900 accounts payable at December 31, 2011, before adjusting entries are made. An analysis of the...
-
Shelton Corporation of New York is an international dealer in jewelry and engages in numerous import and export activities. Shelton's receivables and payables in foreign currency units before...
-
Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the...
-
Assume that you hold 100 Vodacom shares which you intend to sell in a month's time. To protect yourself from future price risks, you then decided to construct a covered call strategy using a call...
-
The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry Elaine $ 11,900 12% Quarterly 14,900 10 Semiannually 21,900 6 Annually 17,900 8 Annually George...
Study smarter with the SolutionInn App