Asked by
SEGUN MAKINDE
on Oct 15, 2024
Verified
A company has earnings per share of $6.50.Its dividend per share is $0.50,and its market price per share is $80.Its price-earnings ratio equals 13.
Earnings Per Share
A financial metric calculated by dividing a company's net income by the number of its outstanding shares.
Dividend Per Share
The amount of dividend that is paid out for each share of stock held by shareholders.
Market Price
The current value at which an asset, commodity, or service can be bought or sold in a marketplace.
- Scrutinize the relevance of financial ratios including dividend yield and price-earnings ratio, for gauging the performance of a company.
Verified Answer
AA
Learning Objectives
- Scrutinize the relevance of financial ratios including dividend yield and price-earnings ratio, for gauging the performance of a company.