Financial statements for Qiang Company appear below:

Dividends during Year 2 totaled $61 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $50.
Required:
Compute the following for Year 2:
a. Earnings per share of common stock.
b. Price-earnings ratio.
c. Dividend yield ratio.
d. Return on total assets.
e. Return on common stockholders' equity.
f. Book value per share.

Question

Financial statements for Qiang Company appear below:  
  
Dividends during Year 2 totaled $61 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $50.
Required:
Compute the following for Year 2:
a. Earnings per share of common stock.
b. Price-earnings ratio.
c. Dividend yield ratio.
d. Return on total assets.
e. Return on common stockholders' equity.
f. Book value per share.

Quizplus · Accepted Answer

The Answer of Financial statements for Qiang Company appear below:  
  
Dividends during Year 2 totaled $61 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $50.
Required:
Compute the following for Year 2:
a. Earnings per share of common stock.
b. Price-earnings ratio.
c. Dividend yield ratio.
d. Return on total assets.
e. Return on common stockholders' equity.
f. Book value per share.

Financial Statements for Qiang Company Appear Below