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Debutiaco Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 183

Essay

Debutiaco Corporation's most recent balance sheet and income statement appear below: Debutiaco Corporation's most recent balance sheet and income statement appear below:      Dividends on common stock during Year 2 totaled $20 thousand.Dividends on preferred stock totaled $10 thousand.The market price of common stock at the end of Year 2 was $12.00 per share.  Required:  Compute the following for Year 2:  a.Earnings per share (of common stock). b.Price-earnings ratio. c.Dividend payout ratio. d.Dividend yield ratio. e.Return on total assets. f.Return on common stockholders' equity. g.Book value per share. Debutiaco Corporation's most recent balance sheet and income statement appear below:      Dividends on common stock during Year 2 totaled $20 thousand.Dividends on preferred stock totaled $10 thousand.The market price of common stock at the end of Year 2 was $12.00 per share.  Required:  Compute the following for Year 2:  a.Earnings per share (of common stock). b.Price-earnings ratio. c.Dividend payout ratio. d.Dividend yield ratio. e.Return on total assets. f.Return on common stockholders' equity. g.Book value per share.

Dividends on common stock during Year 2 totaled $20 thousand.Dividends on preferred
stock totaled $10 thousand.The market price of common stock at the end of Year 2 was $12.00 per share.

Required:

Compute the following for Year 2:

a.Earnings per share (of common stock).
b.Price-earnings ratio.
c.Dividend payout ratio.
d.Dividend yield ratio.
e.Return on total assets.
f.Return on common stockholders' equity.
g.Book value per share.

Correct Answer:

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a.Number of common shares outstanding = ...

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