The following financial information is available for Oriole Ltd. as at December 31 (in thousands, except for per share amounts):

2024

2023

2022

Profit for the year

$2,037

$2,195  $2,743

Preferred share dividends (total)

$73

$43  $30

Weighted average number of common shares

517

515

516

Dividends per common share

$2.80

$2.55  $2.40

Market price per common share

$46.00  $52.75

$59.25

(a)

Calculate the earnings per share, price-earnings ratio, and payout ratio for the common shareholders for each of the three years. (Round earnings per share and payout ratio answers to 2 decimal places, e.g. 5.76. Round price-earnings ratio answers to 1 decimal place, e.g. 15.7.)

2024

2023

2022

Earnings per share

$enter a dollar amount rounded to 2 decimal places

$enter a dollar amount rounded to 2 decimal places

$enter a dollar amount rounded to 2 decimal places

Price-earnings ratio

enter a number of times rounded to 1 decimal place

times

enter a number of times rounded to 1 decimal place

times

enter a number of times rounded to 1 decimal place times Payout ratio

enter ratio rounded to 2 decimal places enter ratio rounded to 2 decimal places

enter ratio rounded to 2 decimal places eTextbook and Media

 

 

Answer rating: 100% (QA)

Solution To calculate the earnings per share priceearnings ratio and payout ratio for each year we c... View the full answer