The Castle Company recently reported net profits after taxes of $14.7 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $121 per share.   Compute the stock's earnings per share (EPS). Round the answer to two decimal places. $_______________per share What's the stock's P/E ratio? Round the answer to two decimal places. $______________   times Determine what the stock's dividend yield would be if it paid $6.9 per share to common stockholders. Round the answer to two decimal places. _______________ %

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A: Formula: EPS = ( Net income - Preferred dividends ) / Total weighted average outstanding shares

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A: Formula: Earnings per share = Earnings available for Common Stockholders’/ Weighted Average number…

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A: Answer:   975

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A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

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A: Calculation of dividend paid in first semi annual period Particulars Amount issued and…

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A: Dividend yield = Dividend per share to common stockholders / Market price per share

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A: Total dollar amount of dividend outstanding =Dividend par share*number of quarters

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A: Answer (1) P 1.5 per share  Answer (2) P 2,830,500

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A: 1.Calculate the earnings per share as follows:

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A: Net Income is the total Income earned by the company out of their Investments. Earning Per Shares is…

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A: Basic earnings per share = Net income available to common stockholders / Weighted average shares of…

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A: Formula to calculate diluted earnings per share; Diluted EPS = Net income / weighted average number…

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A: Introduction: Net income is the portion of a company's revenue that remains after deducting all…

Q: Longmont Corporation earned net income of $85,000 this year. The company began the year with 700…

A: Formula: EPS = ( Net income - Preferred dividend)  / ( Outstanding common shares )

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A: Preferred stock are the shares which holds priviledge rights on dividends . Basically, these shares…

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Q: Los Altos, Inc., disclosed the following information in a recent annual report: Year 1 Year 2 Net…

A: Formula; Dividend payout)=Dividend per common shareEarnings per share

Q: A company reported earnings available to common shareholders as $4,200,000 last year. From those…

A: A company reported earnings available to common shareholders as $4,200,000 last year. From those…

Q: Jupiter Corporation earned net income of $90,000 this year. The company began the year with 600…

A: EPS = (Net income - Preferred dividend)/Weighted average number of shares Numerator = Net income -…

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A: Given:  Net income = $85000 Beginning shares = 800 Issued shares = 700 Preference dividend = $4,500

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A: Price earnings (P/E) ratio refers to a ratio which shows the relationship between the earnings per…

Q: St. Laurence reports the following data: Throughout the year, St. Laurence has outstanding 150,000…

A: When Preferred shares are cumulative , then dividend in arrears are to be paid to the preferred…

Q: A. If the market price of the common stock is $40 and dividends are expected to grow at a rate of 6%…

A: Company’s cost of retained earnings financing = (D1 or dividend next year/P0)+growth rate Company’s…

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A: Introduction: EPS: EPS stands for Earnings per share. It tell the profit earned on each outstanding…

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Q: What is the earnings per share?

A: Calculate earnings available to common stockholders: Earnings available to common stockholders = Net…

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A: The answer is as fallows

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A: Solution: Common stock at the end of year= 120000*10 = 1,200,000 Additional paid in capital =…

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A: A share represents in a firm is a unit of stock ownership. Dividends are distributed to shareholders…

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A: Dividends are the distribution of profits by the company to its shareholders.

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Q: Longmont Corporation earned net income of $90,000 this year. The company began the year with 600…

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A: Junkyard earnings = $ 446400 Common stock outstanding = 54000 shares Number of preferred stock =…