Essay
The Goldenrod Company gathered the following information:
Stockholders' Equity as of December 31,2010:
Market Price per Share of Stock on
December 31,2010: $14
Assuming the common stock was outstanding for the entire year,calculate the following ratios for 2010:
(
A)Cash Flow per Share
(b)Times Interest Earned
(c)Price Earnings Ratio
(d)Dividend Payout Ratio
(e)Dividend Yield
Correct Answer:
Verified
(a)$234,000/200,000 = $1.17 per share
(b...View Answer
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Correct Answer:
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(b...
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