Question

A stock report contains the following information: P/E 18.6, closing price 17.28, dividend .65, net change...

A stock report contains the following information: P/E 18.6, closing price 17.28, dividend .65, net change .17, and an ask of 17.35 × 200. Which one of the following statements is correct given this information?

  • The stock price has increased by 17 percent thus far this year.

  • The closing price on the previous trading day was $17.11.

  • The earnings per share are approximately $2.

  • The dividend yield is 18.6 percent.

  • The bid-ask spread is $.200.

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Using the following information to evaluate a stock price. A stock just paid its dividend of...
Using the following information to evaluate a stock price. A stock just paid its dividend of $2.00 and its required return is 13%. If the growth rate g = 0%, in other words, the dividend is constant at $2.00, what is the stock price? 837 What if g is constant and is 6%? 33.3333 What is the dividend yield and what is the capital gains yield for b? Assume g is non-constant, the growth rate is 30% for Year 0...
Look at the following stock report. What are the major conclusions that one can make about...
Look at the following stock report. What are the major conclusions that one can make about the company's financial state. GameStop Corp. (GME) Previous Close 10.14 Open 10.11 Bid 0.00 x 2200 Ask 0.00 x 2900 Day's Range 10.09 - 10.44 52 Week Range 10.07 - 17.27 Volume 3,535,053 Avg. Volume 3,705,216 Market Cap 1.055B Beta (3Y Monthly) 0.52 PE Ratio (TTM) N/A EPS (TTM) -5.81 Earnings Date Mar 28, 2019 Forward Dividend & Yield 1.52 (14.55%) Ex-Dividend Date 2018-12-10...
The following is the stock price and dividend information for Wawa. Calculate the annual dollar amount...
The following is the stock price and dividend information for Wawa. Calculate the annual dollar amount of capital gains (per share), dividends, and total dollar return that an investor would have earned. Then calculate the capital gains, dividend, and total returns as a % of return. year stock price dividends 1 65 - 2 80 .78 3 100 2.5 4 115 8.2 5 145 6.4 6 166 1.7
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements...
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $25 par value (no change during the year) $5,500,000 Preferred $5 stock, $200 par (no change during the year) 6,000,000 The net income was $678,000 and the declared dividends on the common stock were $55,000 for the current year. The market price of the common stock is $18.00 per share. For...
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements...
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $15 par value (no change during the year) $2,400,000 Preferred $10 stock, $200 par (no change during the year) 4,000,000 The net income was $712,000 and the declared dividends on the common stock were $40,000 for the current year. The market price of the common stock is $24.00 per share. For...
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements...
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $15 par value (no change during the year) $4,350,000 Preferred $4 stock, $200 par (no change during the year) 8,000,000 The net income was $624,000 and the declared dividends on the common stock were $72,500 for the current year. The market price of the common stock is $12.00 per share. For...
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements...
Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $10 par value (no change during the year) $2,700,000 Preferred $8 stock, $200 par (no change during the year) 8,000,000 The net income was $914,000 and the declared dividends on the common stock were $67,500 for the current year. The market price of the common stock is $17.60 per share. For...
1. Stock Values Courageous, Inc. just paid a dividend of $1.80per share on its stock. The...
1. Stock Values Courageous, Inc. just paid a dividend of $1.80per share on its stock. The dividends are expected to grow at a constant rate of 3 percent per year, indefinitely. If investors require a 12 percent return on Courageous stock, what is the current price? What will the price be in 3 years? In 15 years? PART A: Current Price: $____________. PART B: Price in Three Years: $____________. PART C: Price in Fifteen Years: $____________. #4 Stock Values The...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal .36 2.6 6 13.90 –.24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 –.01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.24 13.95 DR Dime .80 5.2 6 15.43 –.26 35.10 20.75 Candy Galore .33 1.5 28 ?? .18 Using the dividend yield, calculate the closing price for Candy...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal .36 2.6 6 13.90 –.24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 –.01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.24 13.95 DR Dime .80 5.2 6 15.43 –.26 35.80 20.82 Candy Galore .40 1.5 28 ?? .18 Using the dividend yield, calculate the closing price for Candy...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT