The table below shows the stock price, earnings per share, and dividends per share for three companies
Question:
The table below shows the stock price, earnings per share, and dividends per share for three companies as of February 10, 2006:
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a. Determine the price-earnings ratio and dividend yield for the three companies. Round to one decimal place.
b. Explain the differences in these ratios across the threecompanies.
Dividend yield refers to a stock's annual dividend payments to shareholders, expressed as a percentage of the stock's current price. The dividend per share that a company pays divided by the share price. This is reported on the financial statements...
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a b Bank of America has the largest dividend yield but the smallest priceearnings ratio Stock market ...View the full answer
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Related Book For 
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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