Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data (in millions): ($ in millions) 2017 Net income Preferred stock dividends Average shares outstanding (in millions) Stock price $ $ 2018 120 $ 30 $ 250 $ 11.47 210 21 500 $ 10.42 Calculate the price-earnings ratio in 2017 and 2018. (Enter your answer in millions rounded to 2 decimal places (i.e.
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Required information
[The following information applies to the questions displayed below.]
Financial information for Forever 18 includes the following selected data (in millions):
($ in millions)
Net income
2017
2018
Preferred stock dividends
Average shares outstanding (in millions)
Stock price
($ in millions)
Price-Earnings Ratio
$
+
LA LA
2018
120
30
250
$ 11.47
$
$
LA LA
$
2-a. Calculate the price-earnings ratio in 2017 and 2018. (Enter your answer in millions rounded to 2 decimal places (i.e.
5,550,000 should be entered as 5.55).)
2017
210
21
500
10.42
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- Required information [The following information applies to the questions displayed below] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income 2023 Dividends on preferred stock Average shares outstanding Stock price Req 28 2024 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings? Complete this question by entering your answers in the tabs below. Req 2b Numerator/Denominator 2824 Amounts $172 Calculate the price-earnings ratio in 2023 and 2024. (Enter your price-eamings ratio values to two decimal places. Enter your answers in millions (l.e. 5,550,000 should be entered as 5.55).) Price-Earnings Ratio Req2a $24 400 $11.82 2023 Req 2b > $185 $19 508 $10.77! Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price 2024 $156 $23 300 $11.87 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings? 2023 $188 $18 400 $10.82Financial information for Forever 18 includes the following selected data:($ in millions) 2021 2020Net income $ 129 $ 308Dividends on preferred stock $ 20 $ 15Average shares outstanding 150 400Stock price $ 12.02 $ 10.97Required:1. Calculate earnings per share in 2020 and 2021. Did earnings per share increase in 2021?2. Calculate the price-earnings ratio in 2020 and 2021. In which year is the stock priced lower in relation to reported earnings?
- The following information was available for the year ended December 31, 2022: Dividends per share Earnings per share 1.35 3.00 28.20 Market price per share at year-end Required: a. Calculate the price/earnings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). a. Price/Earning ratio b. Dividend payout ratio c. Dividend yield % Ji di %Financial information for Forever 18 includes the following selected data: ($ in millions) 2024 2023 Net income $160 $171 Dividends on preferred stock $22 $17 Average shares outstanding 250 300 Stock price $11.92 $10.87 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings?The following information was available for the year ended December 31, 2022 Dividende per share Earnings per share Market price per share at year and 1.35 Required: a. Calculate the price/earrings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022 Note: Round your percentage answer to 2 decimal places (La, 9.1234 should be entered as c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (.a., 0.1234 should be entered as 12.34) Price/Eaming ratio b. Dividend payout ratio c. Dividend yield
- The financial statements of Friendly Fashions include the following selected data (in millions): is in millions) 2023 Sales $10,234 Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price FRIENDLY FASHIONS Return on equity Numerator/Denominator Div and yield Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Numerator/Denominator Earnings per share Numerator Denominator Price-amings ratio NumeratoriDenominator Amounts Amounts Amounts 2024 $9,143 $210 $1,780 Amounts 630 $0.31 $6.10 $728 $2,220 0 0 0Additional information: 1. The market price of Pina’s common stock was $7.00, $7.50, and $8.50 for 2020, 2021, and 2022, respectively. 2. You must compute dividends paid. All dividends were paid in cash. Compute the following ratios for 2021 and 2022. 2022 2021 Profit margin enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Gross profit rate enter percentages % enter percentages % (Round answers to 1 decimal place, e.g. 1.5%.) Asset turnover enter asset turnover in times times enter asset turnover in times times (Round answers to 2 decimal places, e.g. 1.83.) Earnings per share $enter earnings per share in dollars $enter earnings per share in dollars (Round answers to 2 decimal places, e.g. 1.83.) Price-earnings ratio enter price-earnings ratio in times times enter price-earnings ratio in times times (Round answers to 1 decimal place,…See Table 2.5 LOADING... showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco's costs and expenses had been the same fraction of revenues in 2016-2019 as they were in 2015. What would Mydeco's EPS have been each year in this case? Calculate the new EPS for 2016-2019 below: (Round dollar amounts and number of shares to one decimal place. Round percentage amount and the EPS to two decimal places.)
- Exercise 10-19 (Algo) Calculate and analyze ratios (LO10-8) [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Exercise 10-19 (Algo) Part 1 Dividends on preferred stock Average shares outstanding Stock price Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? 2023 Req la 2024 Complete this question by entering your answers in the tabs below. Req 1b Numerator/Denominator 2024 Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings Per Share $279 $24 450 $10.67ces The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions) Sales Net income Stockholders' equity Average Shares outstanding (in millions) Dividends per share Stock price FRIENDLY FASHIONS Return on equity Numerator/Denominator Dividend yield Numerator/Denominator Required: Calculate the following ratios for Friendly Fashions in 2024. (Enter your dividend yield and price-earnings ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Earnings per share Numerator/Denominator Price-earnings ratio Numerator/Denominator Amounts Amounts Amounts 2024 $8,943 $310 $1,680 Amounts 680 $0.40 $7.00 2023 $10,034 $708 $2,320 0 0 0I need assistance on the following regarding the attached balance sheet and income statement: Required: a) Calculate the following financial ratios for 2016 and 2017 16. Earnings per share 17. Price-earnings ratio (Use year-end adjusted closing stock price of $57.32 for 2017 and $63.69 for 2016) 18. Dividend yield 19. Dividend payout ratio