Question: Chapter 12 execise 2: Calculating key financial ratios. Selected financial information about Backpacking Resources, Inc. is as follows: Total assets Total liabilities Total preferred stock
Chapter 12 execise 2: Calculating key financial ratios. Selected financial information about Backpacking Resources, Inc. is as follows: Total assets Total liabilities Total preferred stock Total annual preferred stock dividends Net profits after tax Number of shares of common stock outstanding Current market price of common stock Annual common stock dividends $20,000,000 $8,000,000 $3,000,000 $240,000 $2,500,000 500,000 shares $50.00 a share $2.50 a share using the company's financial information, compute the following: a. Dividend yield b. Book value per share c. EPS d. P/E ratio
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