Question: the subject is Financial statement analysis 14. Using the following information for Cedric Inc. calculate earnings per share, the price to earnings ratio, dividend payout

the subject is Financial statement analysis

14. Using the following information for Cedric Inc. calculate earnings per share, the price to earnings ratio, dividend payout and dividend yield for the firm. Analyze these market ratios. 2012 2011 Net income $31 million $30 million Shares of common stock outstanding 24 million 22 million Dividends per share $ 0.55 $0.50 Market price per share S12 S16

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