Financial statements for Quade Company appear below:

Total dividends paid during Year 2 were $210,000,of which $18,000 were preferred dividends.The market price of a common share on December 31,Year 2 was $230.
Required:
Calculate the following for Year 2:
a)Earnings per share.
b)Price-earnings ratio.
c)Dividend yield ratio.
d)Return on total assets.
e)Return on common shareholders' equity.
f)Book value per share.

Question

Financial statements for Quade Company appear below:

Total dividends paid during Year 2 were $210,000,of which $18,000 were preferred dividends.The market price of a common share on December 31,Year 2 was $230.
Required:
Calculate the following for Year 2:
a)Earnings per share.
b)Price-earnings ratio.
c)Dividend yield ratio.
d)Return on total assets.
e)Return on common shareholders' equity.
f)Book value per share.

Quizplus · Accepted Answer

The Answer of Financial statements for Quade Company appear below:

Total dividends paid during Year 2 were $210,000,of which $18,000 were preferred dividends.The market price of a common share on December 31,Year 2 was $230.
Required:
Calculate the following for Year 2:
a)Earnings per share.
b)Price-earnings ratio.
c)Dividend yield ratio.
d)Return on total assets.
e)Return on common shareholders' equity.
f)Book value per share.

Financial Statements for Quade Company Appear Below