Consider the following information from the financial statements of Hester Mining, Inc.:
$\begin{array}{ll}&2012&2011\
\text { Total stockholders equity } & \$ 74,400&\$65,200 \
\text { Net income } & 20,402 \
\text { Market price per share } & 93 \
\text { Dividends } & 621 \
\text { Purchases of treasury stock } & 5,060 \
\text { Average shares outstanding } & 800 \
\text { Dividends per share } & 0.78
\end{array}$ Calculate the following financial ratios for Hester Mining

Question

Consider the following information from the financial statements of Hester Mining, Inc.:
 $\begin{array}{ll}&2012&2011\
\text { Total stockholders equity } & \$ 74,400&\$65,200 \
\text { Net income } & 20,402 \
\text { Market price per share } & 93 \
\text { Dividends } & 621 \
\text { Purchases of treasury stock } & 5,060 \
\text { Average shares outstanding } & 800 \
\text { Dividends per share } & 0.78
\end{array}$ Calculate the following financial ratios for Hester Mining

Quizplus · Accepted Answer

The Answer of Consider the following information from the financial statements of Hester Mining, Inc.:
 $\begin{array}{ll}&2012&2011\
\text { Total stockholders equity } & \$ 74,400&\$65,200 \
\text { Net income } & 20,402 \
\text { Market price per share } & 93 \
\text { Dividends } & 621 \
\text { Purchases of treasury stock } & 5,060 \
\text { Average shares outstanding } & 800 \
\text { Dividends per share } & 0.78
\end{array}$ Calculate the following financial ratios for Hester Mining

Consider the Following Information from the Financial Statements of Hester