Question

In: Accounting

a b c Net Income (Millions) $2,825 $699 $7,200 Cash Dividends per common share .60 .45...

a

b

c

Net Income (Millions)

$2,825

$699

$7,200

Cash Dividends per common share

.60

.45

0

Common shares outstanding (millions)

660

230

950

Weighted Average Common Shares outstanding

700

220

890

Market price per share

$81.20

$23.50

$230.20

Equity available to common shares (millions)

$9,100

$880

$36,750

Compute the book value per common share for each company using this data.

Compute the basic EPS for each company using these data.

Compute the dividend yield for each company using these data. Does the dividend yield of any of the companies characterize it as an income or growth stock? Explain.

Compute, compare, and interpret the price-earnings ratio for each company using these data.

Expert Solution

ekkarill92 answered 1 year ago

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