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 Figures Net income (in millions) ... Cash dividends declared per common share. Common shares outstanding (in millions)... Weighted-average common shares outstanding (in millions) Market value (price) per share......... Equity applicable to common shares (in millions).. Apple $ 55,256 $ 3.00 4,443.236 4,617.834 $ 293.65 $ 90,488 Google $ 34,343 $ 0.00 688.335 692.539 $1,339.39 $ 201,442
Step by Step Answer:
1 2 Analysis The low zero dividend yield for Google impli...View the full answer
Principles Of Financial Accounting (Chapters 1-17)
ISBN: 9781260780147
25th Edition
Authors: John 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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