Solved

Using the Following Information for Tiger Inc

Question 55

Essay

Using the following information for Tiger Inc.calculate earnings per share, the price-to earnings ratio, dividend payout and dividend yield for the firm.Analyze these market ratios. 20152014 Net income $960 million $854 million  Shares of common stock outstanding 420 million 419 million  Dividends per share $1.75$1.60 Market price per share $56$50\begin{array}{ll}&2015&2014\\\text { Net income }&\$ 960 \text { million } & \$ 854 \text { million } \\\text { Shares of common stock outstanding }&420 \text { million } & 419 \text { million } \\\text { Dividends per share }&\$ 1.75 & \$ 1.60 \\\text { Market price per share }&\$ 56 & \$ 50\end{array}

Correct Answer:

verifed

Verified

blured image The earnings per share has increased, b...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents