For both the Current Year and 1 Year Ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth

Answers

Answer 1

Answer:

1. We have:

Return on common stockholders' equity for the current year = 12.85%

Return on common stockholders' equity 1 year ago = 13.17%

2. We have:

Price Earnings Ratio for the current year = 12.72

Price Earnings Ratio 1 year ago = 14.53

2a. Simon has higher market expectations for future growth.

3. We have:

Dividend Yield for the current year = 1.10%

Dividend Yield 1 year ago = 0.59%

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.

The explanation of the answers is now provided as follows:

1. Compute return on common stockholders' equity for the current year and 1 year ago.

Note: See part 1 of the attached excel file for the computation of the return on common stockholders' equity for the current year and 1 year ago with the formulae.

To calculate Return on Common Stockholders’ Equity in the attached excel file, the following formula is used:

Return on Common Stockholders Equity = Net Income / (Average Common Stock + Retained Earnings)

From the attached excel file, we have:

Return on common stockholders' equity for the current year = 12.85%

Return on common stockholders' equity 1 year ago = 13.17%

2. Compute price-earnings ratio on December 31 for the current year and 1 year ago.

Note: See part 2 of the attached excel file for the computation of the price-earnings ratio on December 31 for the current year and 1 year ago with the formulae.

To calculate price-earnings ratio in the attached excel file, the following formula is used:

Price Earnings Ratio = Market Price / Earnings per share

From the attached excel file, we have:

Price Earnings Ratio for the current year = 12.72

Price Earnings Ratio 1 year ago = 14.53

2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth.

When the PE ratio is higher, it is an indication that investors are willing to pay a greater share price in the future because of expected growth.

Since Simon's PE ratios for the current year of 12.72 is greater than the competitor's 8, it indicates that Simon has higher market expectations for future growth.

3. Compute dividend yield for the current year and 1 year ago.

Note: See part 3 of the attached excel file for the computation of dividend yield for the current year and 1 year ago with the formulae.

To calculate Dividend Yield in the attached excel file, the following formula is used:

Dividend Yield = Dividend per share / Market Price per share

From the attached excel file, we have:

Dividend Yield for the current year = 1.10%

Dividend Yield 1 year ago = 0.59%


Related Questions

Which of the following is a direct financial interest? An interest where the individual is not the record owner but has a right to some or all of the underlying benefits of ownership

Answers

Answer: One owned directly by the covered member (even if managed by others.

Explanation:

A direct financial interest refers to the financial interest which is owned directly by an individual, under the control of an individual or beneficially owned through the investment vehicle.

A direct financial interest is one that is owned directly by the covered member (even if managed by others). Direct financial interest simply implies the ownership or the part ownership of a business, and this includes stocks, bonds, lands etc.

The natural rate of unemployment is best defined as A. the state of the economy when there is zero unemployment. B. the rate of unemployment when there is no frictional or cyclical unemployment. C. the rate of unemployment when there is no cyclical or structural unemployment. D. the rate of unemployment after all workers and employers have fully adjusted to all changes in the economy.

Answers

Answer:

The answer is D

Explanation:

Natural rate of unemployment is the rate at which labor market is in equilibrium. In other words, it is the the rate of unemployment after all workers and employers have fully adjusted to all changes in the economy.

ABC International sells a machine for $35,000 in cash on December 31, 2019. Initially this asset was purchased on 01 January 2013 for $100,000 with the estimated useful life of 10 years. Please prepare the journal entry and supporting calculations for this asset sale transaction.

Answers

Answer:

$1000023033500

Explanation:

100000*35000

AmeriSource is a distributor of pharmaceutical products and related health-care services. It merged with Bergen in 2001 to become AmerisourceBergen. It provides a wide assortment of pharmaceutical products to health-care institutions such as hospitals. It also provides technical advice, equipment, and support for health-care institutions throughout the United States. AmerisourceBergen is best classified as a

Answers

Answer:

full-service wholesaler.

Explanation:

Based on the description in the question, AmerisourceBergen is best classified as a FULL-SERVICE WHOLESALER.

A full-service wholesaler or full function wholesaler is defined as a wholesaler who offers various forms of services such as buying, selling, storing, transporting, sorting, financing, providing market feedback, and risk-taking activities while serving the industry to which it belongs.

Hence, in this case, the right answer is A FULL-SERVICE WHOLESALER

When Henry first began his real estate career, he focused on residential properties. As he gained more experience, he found that he really enjoyed helping business owners find warehouses for their products, or properties where they could conduct manufacturing activities. Of the primary categories of real estate, what types of properties does Henry handle

Answers

Answer:

I think it is wharehosues

Explanation:

wharehosues

Hey y'all...

Can you guys help!!

How is foreign employment protectional /development board supportive to the foreign employment?

Use your own language!!

Thanks!!​

Answers

Answer:

The development objective of the project is to contribute to poverty reduction in Nepal, through reducing the vulnerability of Nepalese migrant workers to forced labour and trafficking, and increasing opportunities for safe and productive migration for employment overseas.

The development objective of the project is to contribute to poverty reduction in Nepal, through reducing the vulnerability of Nepalese migrant workers to forced labour and trafficking, and increasing opportunities for safe and productive migration for employment overseas

Your friend Reggie needs to write a resume and asked for your help. In at least 150 words, create a guide for Reggie. What are the essential parts of the resume? What will he need to include? What will he need to avoid? Include information about how he should organize.

Answers

Answer:

Name

Address

Contact Number

Objective

Work Experience

Extra Curricular Activities

School Graduated

Referral

Signature

Explanation:

Simple steps in making a Resume

The assumption that preferences are complete: Group of answer choices means that a consumer will spend her entire income. means that the consumer can compare any two market baskets of goods and determine that either one is preferred to the other or that she is indifferent between them. is unnecessary, as long as transitivity is assumed. recognizes that there may be pairs of market baskets that cannot be compared.

Answers

Answer:

means that a consumer will spend her entire income. means that the consumer can compare any two market baskets of goods and determine that either one is preferred to the other or that she is indifferent between them

Explanation:

In the case when the presumption is to be considered as completed means that the consumer would able to spend her overall income. That means the consumer could compared any kind of two markets for the goods and measures which one is to be preferred over the other or it is indifference between them

So as per the given situation, the first option is correct

Help me with questions 1 - 4

Help me!!!!!!!!!!!!! It’s for music class or orchestra

I need help please!!! Due tomorrow

Answers

answer:-

it is for music class and I don't know the notes

The AD Curve ________. A) indicates the level of aggregate output corresponding to different goods-market-clearinglevels of the inflation rateB) is downward sloping, because with higher inflation comes higher interest rates and lower spending, so equilibrium aggregate output declines C) explains how inflation affects output in the short runD) all of the above

Answers

Answer:

D) all of the above

Explanation:

The AD curve shows the aggregate output level that should be for different kinds of goods have the inflation rate

It is downward sloping due to more inflation that raised the inflation rate due to this less spending should be there

Also it described how the inflation impacts the output for the short period of time

Therefore the option d is correct

The price elasticity of supply measures how Multiple Choice easily labor and capital can be substituted for one another in the production process. responsive the quantity supplied of X is to changes in the price of X. responsive the quantity supplied of Y is to changes in the price of X. responsive quantity supplied is to a change in incomes.

Answers

Answer:

Yes

Explanation:

Cause an increase in price causes increase in goods produced

Consider five individuals with different occupations. Allen prepares taxes wants ribs Betty does dry cleaning wants computer fixed Calvin fixes computers wants bread Diedre bakes bread wants taxes prepared Eric barbecues ribs wants dry cleaning If this economy has money a. Allen will buy from Betty b. Betty will buy from Calvin c. Eric will buy from Allen d. None of the above are correct.

Answers

Answer:

D. None of the above are correct.

Adams, a general contractor, Brinks, an architect, and Carson, an interior decorator, formed the Dex Home Improvement General Partnership by contributing assets as follows: Fair % of Partner Share Adjusted Market in Capital Asset Basis Value Profits and Losses Adams Cash $40,000 $40,000 50% Brinks Land $12,000 $21,000 20% Carson Inventory $24,000 $24,000 30% The land was a capital asset to Brinks, subject to a $5,000 mortgage, which was assumed by the partnership. Brinks' initial basis in Dex is:

Answers

Answer:

8,000

Explanation:

Calculation to determine what Brinks' initial basis in Dex is:

Carryover Basis of Land Contributed by Brinks $12,000

Less Mortgage Assumed by the Partnership ($5,000)

Add Mortgage percentage Kept by Brinks $1,000

(.20 x $5,000)

Brink's Initial Basis $ 8,000

($12,000-$5,000+$1,000)

Therefore Brinks' initial basis in Dex is: $8,000

As a condition of his employment with an investment bank, Abasi Hasina, CFA, was required to sign an employment contract, including a non-compete clause restricting him from working for a competitor for three years after leaving the employer. After one year, Hasina quits his job for a comparable position with an investment bank in a country where non-compete clauses are illegal. Lawyers with whom he consulted prior to taking the new position determined that the non-compete clause was a violation of human rights and thus illegal. Did Hasina most likely violate the CFA Institute Code of Ethics and Standards of Professional Conduct

Answers

Answer:

Yes

Explanation:

In simple words, as per the CFA institute code and standards for ethical and professional conduct, a finance professional must obey the stricter law when conflicted by the national law of the country they are working in and the CFA institute rules and guidelines.

Since the CFA institute regulates and guide to protect the benefit of the employer, we can conclude that Abasi Hasina has violated the CFA institute codes.

On average, a person with a bachelor's degree earns
than a person
with an associate degree and
than a person with a master's
degree.

Answers

Answer:

More than a person with an associate degree and less than a person with a masters degree.

Explanation:

Assume that Heather always maximizes her total utility given her budget constraint. Every morning for breakfast Heather has two eggs and three sausages. If the marginal utility of the last egg is 20 utils and the price of eggs is $2 each, what can we say about the marginal utility of the last sausage if the price of each sausage is $1

Answers

Answer: 10 units

Explanation:

The marginal utility per dollar spent on the last egg should be equal to the marginal utility per dollar spent on the last sausage.

Marginal utility per dollar spent on last egg = Marginal utility / Price of egg

= 20 / 2

= 10 units per dollar

Marginal utility per dollar spent on last sausage = Marginal utility / Price of sausage

10 = Marginal utility / 1

Marginal utility = 10 units

Erosion can be described as the _____________________. Multiple Choice expenses that have already been incurred and cannot be recovered change in net working capital related to implementing a new project cash flows of a new project that come at the expense of a firm's existing cash flows alternative that is forfeited when a fixed asset is utilized by a project differences in a firm's cash flows with and without a particular project

Answers

Answer:

washing away of the top most layer of the Earth surface

A business decides to produce less of an item. Which of the following occurs?

The business is attempting to indirectly influence supply.

The business is directly influencing demand.

The business is attempting to indirectly influence demand.

The business is directly influencing supply.

Answers

Answer:

c

Explanation:

Project A has an initial cost of $75,000 and annual cash flows of $33,000 for three years. Project B costs $60,000 and has cash flows of $25,000, $30,000, and $25,000 for Years 1 to 3, respectively. Projects A and B are mutually exclusive. The incremental IRR is _______ and if the incremental IRR is lower than the required rate of return then Project _______ should be accepted.

Answers

Answer:

12.89%

the project should not be accepted

Explanation:

Incremental IRR can be determined by subtracting the cash flows of the project with the smaller cost from the cash flows of the project with the higher initial cost then using the cash flow derived to calculate the IRR

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Incremental cash flow in year 0 = -(75,000 - 60,000) = -15,000

Incremental cash flow in year 1 = 33,000 - 25,000 = 8,000

Incremental cash flow in year 2 = 33,000 - 30,000 =  3,000

Incremental cash flow in year 3 =  33,000 - 25,000 = 8,000

IRR = 12.89%

A project should be accepted only if the incremental IRR is greater than the required return. If this is not the case, the project should not be accepted

To determine IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

Stabilisation is an important factor of

Answers

Answer:

to prerequisite of economic growth...........

if my answer helps you than mark me as brainliest

A city filed eminent domain proceedings in order to obtain 40 beach houses fronting a particularly attractive stretch of shoreline. As part of an elaborate plan to increase the city's tourist trade and revive the local economy, the city planned to sell the beach houses to a company that would demolish the houses and build a luxury hotel in their place. The owners of the beach houses have challenged the city's exercise of eminent domain, contending only that the city's plan is unconstitutional. Will the owners of the beach houses be likely to prevail

Answers

Answer:

No, because the planned sale to the private developer to increase the tourist trade qualifies as a public use.

Explanation:

Eminent domain is the provision that gives a government the ability to take a private property and convert it to public use. The owner of the property is however required to be compensated adequately.

In this instance the city filed eminent domain proceedings in order to obtain 40 beach houses as part of an elaborate plan to increase the city's tourist trade and revive the local economy.

Since this is for public gain the city has a legal right to file for an eminent domain here.

So the owners will most likely not prevail in this situation

Etica, creatividad, compromiso, excelencia, integridad, credibilidad, pueden ser ejemplos de visiones.
Es VERDADERO O FALSO? . Si es Falso lo justificas.

Answers

Answer:si English?

Explanation:

The actions that top executives should take to lead the strategy execution process include Multiple select question. rewarding employees for performing their assigned duties. knowing what's going on at all levels of the organization. helping employees execute strategy successfully. making sure results are strategy-oriented.

Answers

Answer:

helping employees execute strategy successfully.

knowing what's going on at all levels of the organization.

making sure results are strategy-oriented.

Explanation:

The actions where the top executives result in the strategy execution process  involves the employees for helping to execute the strategy in a successful manner. Also we are aware what things are going on at all levels i.e. top, middle and bottom. In addition to this, the results that comes should be strategy-orinted

Therefore the above 3 statements should be considered

22. Which of the following does not demonstrate evidence regarding the ability to consummate a refinancing of short-term debt? A) Management indicated that they are going to refinance the obligation. B) Actually refinance the obligation. C) Have capacity under existing financing agreements that can be used to refinance the obligation. D) Enter into a financing agreement that clearly permits the entity to refinance the obligation.

Answers

Answer:

A) Management indicated that they are going to refinance the obligation.

Explanation:

The short-term financing is made immediately as it is required to cover the short-term obligations of the entity in a very short time.  

The Manage does not indicate the refinancing of the obligation from short-term debt because they have less time to fulfill the obligation. The indiction can be made in long-term debt financing.

All of the other options indicate that the refinancing can be made from the short-term debt.

discuss the steps of growing mushrooms
not a too long answer ​

Answers

Answer:

The Pennsylvania State University,

College of Agriculture, Extension Service,

University Park, Pennsylvania

Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.

The six steps of mushroom farming:

Phase I

1. Composting

Phase II

2. Composting

3. Spawning

4. Casing

5. Pinning

6. Cropping

In addition to the Small Business Job Protection Act of 1996 encouraging small businesses to allow employees to enroll into a 401(k), what percentage of vesting begins immediately for the employee

Answers

Answer:

100%

Explanation:

401(k) plans are financial provisions that guarantee financial security after retirement. Prior to the Small Business Job Protection Act of 1996, these provisions were bogus and difficult to understand/comply with by businesses. The Act simplifies the requirements and allows employees to enroll in the 401(k) plans where the annual contributions testing is bypassed. Employees vest 100% of their salary. This means that they cannot forfeit all the money contributed. After retirement, they can benefit from their deferrals and profits.

Al hires Bob to move his furniture to his new house. On the day of the move, Bob does not feel like moving furniture, so he asks his friend Chuck to move the furniture. Chuck decides to leave before completing the move in order to watch a football game on TV. Al has to delay his move and hire another mover at a higher price. Al wants to sue Bob to recover for his damages. Given these facts, Al will most likely:

Answers

Answer: Win, because Bob is still liable to Al.

Explanation:

Accepting to do a job must come with commitment on the side of the servicer. It is unjust to accept a job without making much effort or input to see it carried out. Some businesses do this especially when a bigger offer comes their way and these puts a bad name to their organization as the failed client will have no good thing to say about them, when the cases goes like this, the client who was failed raises the issue to court and would win since he has already engaged the services, this is the tail between Bob and Al.

The LIFO reserve is the difference between the inventory valuation as reported under: Multiple choice question. LIFO and the amount that would have been reported under weighted-average. FIFO and the amount that would have been reported under LIFO. weighted-average and the amount that would have been reported under LIFO. LIFO and the amount that would have been reported under FIFO.

Answers

Answer:

One Of Them, I Think, Is Called The LIFO reserve

Explanation:

Feel Good Inc. is a multinational sports goods manufacturer that uses a different strategy in each of its subsidiaries and operations. Moreover, all decision-making is decentralized, which leaves the company open to the threat of opportunistic behavior. Since the expatriate managers do not rely on headquarters expertise, there is also an asymmetry in the transfer of information and specialized knowledge. In the context of the four international strategies proposed by Bartlett and Ghoshal, Feel Good Inc. uses a(n) _____.

Answers

Answer:

multidomestic strategy.

Explanation:

It is correct to state that in the context of the four international strategies proposed by Bartlett and Ghoshal, Feel Good Inc. uses a multi-domestic strategy, which occurs when a company uses several different marketing strategies according to the location where it operates.

Feel Good Inc uses a multi-domestic strategy because the statement tells us that the company uses a different strategy in each of its subsidiaries and operations, and that decision-making is decentralized.

This strategy can be advantageous for adapting the marketing campaign to the needs and desires of a specific target audience in a place. To be effective, market research, population study and market segmentation must be carried out.

why is south africa regarded as a developing country​

Answers

Answer:

This is due to the fact that South Africa is currently in a state of poverty and has very high unemployment rates, meaning there are a lot of poor people on the streets and it is uneasy/many do not have jobs either.

Explanation:

Other Questions
Simplify the expression below 5x(2x - 5) ANSWER ASAP ILL MARK BRAINLIEST!!!!find all the real zeros of the quadratic function.f(x)=2x-6x-1 What is the y-intercept of the line y+11= -2(x+5)? Would this be 20? I'm confused on what the problem is asking here. what is the value of x? If a company is using past email responses as a segmentation strategy, the best approach for individuals who have not responded to multiple email offers is to:_________a. offer them free merchandise if they place an offerb. offer free shipping on any orderc. send an email inquiry requesting an update on their contact informationd. drop them from the email list wat iz dis bul crupi was literally THE hardest math problem EVER I have now given the British Government a memorandum with a final German proposal. . . . The contents of this proposal are very simple: The area whose population is German and which wants to join Germany, comes to Germany . . . right now, immediately! I have selected the border which, based on the information on the demographic and linguistic distribution in Czechoslovakia which has been available for decades, is just. . . . I have also assured [Britain], and I repeat this assurance here, that, once this problem is solved, there exist no further territorial problems for Germany in Europe! . . . My patience is now exhausted! I have made Mr. Benes [the leader of Czechoslovakia] an offer. . . . The decision is in his hands! Peace or war! Either he accepts this offer and finally gives the Germans their freedom, or we will come and take this freedom ourselves! Speech on the Sudetenland, Adolf Hitler, 1938 What information from this document might be useful if you wanted to explain that Germany had an aggressive foreign policy? the description of the border Hitler has chosen for the Sudetenland the assurance that this is the only territory that interests Germany the announcement that Hitler has given a memo to the British government the declaration that if Germany is not given the Sudetenland, it will invade give two examples of social security Podramos decir que un ecosistema es un Lugar? Justifica tu respuesta. The amount of charge that passes through the filament of a certain lightbulb in 2.00 s is 1.67 C. If the current is supplied by a 12.0 - V battery, what total energy in Joules is delivered to the lightbulb filament during 2.00 s The word "hay" best translates toa. thereb. isc. "here is" or "here are"d. "there is" or "there are"Please select the best answer from the choices provided Please help!! Take a factor out of the square root: Which two elements of Shackleton's South! are common traits of a memoir?1.the use of imaginative characters2.the blend of imagination with facts3.the third-person point of view4.the vivid description of the landscape5.the first-person point of view The product of the following reaction is Y=3/4x - 6 find the x-intercept of the line list the four BASIC operations I'LL WILL MARK YOU BRAINLIEST !!!( explain in your own word )no copy paste from internet please Express 2x^2-12x-7 in the form a(x+b)^2+c ?What single decimal multiplier would you use to decrease by 1% followed by a 3% decrease?