Question

Decure Ward file Home ment Design Layout References Malings Review View Help Design Layout e Tell me what you want to do R 9. Times New T ANA A. A. ABAD AaBb A AaB et AGD ABCD . Formatarter - . Comparative financial statements for Wolor Corporation, a merchandising company, for the year ending December 31 per below. The company did nose any new common stock during the year. A total of 800 000 shares of common stock were outstanding the interest rate on the bond payable was 12, the income tax was 40%, and the dividend per share of common stock was $0 75 Last year and $0 40 this year. The market value of the company's common stock at the end of the year was $18 All of the company's sales are on account COoration Comparative Balance sheet dollars in thousands This Yeartast Year Accounts receivable, not 1,260 112,300 TIS,100 T11,000 1,080 ,560 9,100 ,200 2.100 20,960 0006, 0001 1200 19,00 0001 $50,200 $4,960 Total current et Property and equipment Land Buildings and equipment, ne Total property and equipment Total acts Liabilities and Stockholders' Equity Current Biblics Accounts payable Accrued abitis Notes payable, hort term Total current liabilities angteli Bonds payabio Total i ties Buckholderity 500 .00 100 .000 .000 14.300 National paid in capital Total paid in capital Total stockholders i ty Total liabilities and stockholders' oquitylato, 200 HP LE190lwm

Answer 1

	Formula	This year	Last Year
Earnings per share	Net Income/Outstanding Common Shares	$4.43 (3,540,000/800,000)	$4.8 (3,840,000/800,000)
Price Earnings Ratio	Market Price per share/Earnings per share	4.06 (18/4.43)	3.75 (18/4.8)
Dividend Payout Ratio	Total Dividends paid/Total earnings	9.04% (320,000/3,540,000)	15.63% (600,000/3,840,000)
Dividend Yield Ratio	Dividend per Share/Market Price per share	4.17% (0.75/18)	2.22% (0.40/18)
Book Value per Share	Total Share holders equity/Outstanding common shares (Shareholders equity = Total assets- total liabilities)	$43.6 (34,880,000/800,000) [Shareholders equity = 50,280,000 - 15,400,000=34,880,000]	$39.58 (31,660,000/800,000) [Shareholders equity= 45,960,000 - 14,300,000 = 31,660,000]