Use the following comparative figures for Apple and Google. Required 1. Compute the basic EPS for each
Question:
Use the following comparative figures for Apple and Google.
Required
1. Compute the basic EPS for each company using these data.
2. Compute the dividend yield for each company using these data.
3. Compute the price-earnings ratio for each company using these data.
4. Based on the PE ratio, for which company do investors have greater expectations about future performance?
Key Flgures Apple Google Net income (in millions) . $ 59,531 $ 30,736 Cash dividends declared per common share. Common shares outstanding (in millions).. 2$ 2.72 $ 0.00 4,754.986 695.556 Weighted-average common shares outstanding (in millions) 4,955.377 695.070 Market value (price) per share... $ 220.42 $1,035.61 Equity applicable to common shares (in millions). $ 107,147 $177,628
Step by Step Answer:
1 Basic EPS calculation Basic EPS Net income Weightedaverage common shares outstanding For Apple Bas...View the full answer
Financial Accounting Information For Decisions
ISBN: 9781260705584
10th Edition
Authors: John J. Wild
Related Video
The dividend yield or dividend–price ratio of a share is the dividend per share, divided by the price per share. It is also a company\\\'s total annual dividend payments divided by its market capitalization, assuming the number of shares is constant. It is often expressed as a percentage.
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