1) Freebird Inc. had a net income of $373,000 for the year ended June 30, 2020. The company does not have any preferred shares and has 101,000 common shares outstanding for the entire year. During the year, they paid out $47,500 in dividends. Assume the market price of each common share at the company’s year-end is $13 per share.

Do not enter dollar signs or commas in the input boxes.
Round your answer to 2 decimal places.

a) Calculate earnings per share.

Earnings per share = $Answer

b) Calculate the dividend yield.

Dividend Yield = Answer%

c) Calculate the price earnings ratio.

Price Earnings Ratio = Answer

2) Which is a way to analyze a company’s financial statements?

Select one:

a. Perform a horizontal analysis of the financial statements, looking at trends or the relationship between items.

b. Calculate ratios based on the numbers from a company’s financial statements.

c. All of the available choices.

d. Perform a vertical analysis of the financial statements, looking at trends or the relationship between items

Answer rating: 100% (QA)

a Answer 369 Explanation To calculate Earning Per Share EPS Net income Weighted Average Common Share ... View the full answer