Essay
Remley Corporation has provided the following financial data: 
Dividends on common stock during Year 2 totaled $3,000.The market price of common stock at the end of Year 2 was $2.70 per share.
Required:
a.What is the company's times interest earned ratio for Year 2?
b.What is the company's debt-to-equity ratio at the end of Year 2?
c.What is the company's equity multiplier at the end of Year 2?
d.What is the company's earnings per share for Year 2?
e.What is the company's price-earnings ratio for Year 2?
f.What is the company's dividend payout ratio for Year 2?
g.What is the company's dividend yield ratio for Year 2?
h.What is the company's book value per share at the end of Year 2?
Correct Answer:
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a.Times interest earned = Earnings befor...View Answer
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