Adams Plastics, Inc., manufactures various plastic and synthetic products. Financial statement data for the firm follow: Required

Question:

Adams Plastics, Inc., manufactures various plastic and synthetic products. Financial statement data for the firm follow:

image text in transcribed

image text in transcribed

Required

a. Using the given data, calculate items 1 through 8 below for 2019. Compare the performance of Adams Plastics, Inc., with the following industry averages and comment on its operations.

image text in transcribed

b. Calculate the dividends paid per share of common stock. What was the dividend payout ratio?

c. If the most recent price per share of common stock is \(\$ 51.00\), what is the price-earnings ratio? The dividend yield?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: