Question: pls help asap i will like Problem: Module 4 Textbook Problem 9 Learning Objective: 45 Calculate ratios for assessing o company's position in the stock

pls help asap i will like  pls help asap i will like Problem: Module 4 Textbook Problem

Problem: Module 4 Textbook Problem 9 Learning Objective: 45 Calculate ratios for assessing o company's position in the stock market During Year 3. Munoz Corporation reported after-tax net income of $3,625,000. During the year, the number of shares of stock outstanding remained constant at 9,520 of $100 par, 9 percent preferred stock and 398,000 shares of common stock. The company's total stockholders' equity is $19,600,000 at Decembes 31 . Year 3 . Munoz Corporation's common stock was selling at $53 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.90 per share to common stockholders. Required a. Compute the earnings per share. (Round your answer to 2 decimal places.) b. Compute the book value per share of common stock. (Round your answer to 2 decimal ploces.) c. Compute the price-eamings ratio. (Round intermediote calculations and final answer to 2 decimal places.) d. Compute the dividend yield. (Round your percentage answer to 2 decimal places. (i.e+,0.2345 should be entered as 23.45) )

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 Accounting Questions!