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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
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P 9-4.            The following data relate to Edger  Company:
Â
2007Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2006Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2005
|
Earnings per share |
$2.30 |
 |
$3.40 |
 |
$4.54 |
|
Dividends per share |
$1.90 |
 |
$1.90 |
 |
$1.90 |
|
Market price, end of  year |
$41.25 |
 |
$35.00 |
 |
$29.00 |
|
Net income |
$9,100,000 |
 |
$13,300,000 |
 |
$16,500,000 |
|
Total cash dividends |
$6,080,000 |
 |
$5,900,000 |
 |
$6,050,000 |
|
Order backlog at  year-end |
$5,490,800,000 |
 |
$4,150,200,000 |
 |
$3,700,100,000 |
|
Net contracts awarded |
$2,650,700,000 |
 |
$1,800,450,000 |
 |
$3,700,100,000 |
Note:Â The stock was selling at 120.5%, 108.0%, and 105.0% of book value in 2007, 2006, and 2005, respectively.
Â
Required          a.   Compute the following for 2007, 2006, and 2005:
1.    Percentage of earnings retained
2.    Price/earnings ratio
3.    Dividend payout
4.    Dividend yield
5.    Book value per share
b. Comment on your results from (a). Include in your discussion the data on backlog and new contracts awarded.
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