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Use the following information to obtain the ratios requested below

 

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166.Use the following information to obtain the ratios requested below. Where necessary, carry answers to one decimal place.

 

Dividends per share: $0.54

Market price per share: $30.00

Net income: $88,000

Average stockholders' equity: $625,000

Earnings per share: $1.25

 

a. Dividends yield                 = __________%

 

b. Return on equity               =  __________%

 

c. Price/earnings (P/E) ratio  = __________ times

 

 

167.Identify (by code letter) each of the following characteristics as being an advantage of (A), a disadvantage of (D), or not applicable to (N) the corporate form of business.

 

1. Separate legal entity __________

2. Taxable entity resulting in double taxation __________

3. Continuous existence __________

4. Unlimited liability __________

5. Government regulation __________

6. Mutual agency __________

7. Ease of transfer of ownership __________

8. Ease of capital generation __________

9. Lack of mutual agency __________

10. Professional management __________

Dec 10 2019 View more View Less

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