Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 8.00

Desny Corporation

During 2014, Desny Corporation reported after-tax net income of $3,575,000. During the year, the number of shares of stock outstanding remained constant at 9,940 of $100 par, 9 percent preferred stock and 398,000 shares of common stock. The companyAc€?cs total stockholdersAc€?c equity is $20,000,000 at December 31, 2014. Desny CorporationAc€?cs common stock was selling at $51 per share at the end of its fiscal year. All dividends for the year have been paid, including $4.80 per share to common stockholders.

 

Required
a.

Compute the earnings per share. (Round your answer to 2 decimal places.)
   

      

b.

Compute the book value per share of common stock. (Round your answer to 2 decimal places.)
   

     

c.

Compute the price-earnings ratio. (Round intermediate calculations and answer to 2 decimal places.)
   

     

  

d.

Compute the dividend yield. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45).)

 

Answers

Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 02:08 PM My Price 8.00

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