Question: P 1 4 _ 1 7 Pecunious Products Inc Looking at already computed Ratios For discussion Wed August 2 8 , 2 0 2 4

P14_17 Pecunious Products Inc
Looking at already computed Ratios
For discussion Wed August 28,2024
YR3
Sales Trend 128.0
Current Ratio 2.5
Acid Test 0.8
AREc Turnover 9.4
Inventory Turnover 6.5
Dividend yield 7.10%
Dividend payout 40%
Dividends paid per share $1.50
Note: No change is CS outstanding last 3 yrs
YR2 YR1
115.0100.0
2.32.2
0.91.1
10.612.5
7.28
6.50%5.80%
50%60%
$1.50 $1.50
A. Is it becoming easier to pay bills as they come due?
B. Are customers paying at least as fast as last yr?
C. Is total AR Incr, Decr, or Constant?
D. Is Inventory level Incr, Decr, Constant?
E. Is Market price of stock going UP or DOWN?
F. Is EPS increasing or decreasing?
G. Is PE ratio going up or Down

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!