Tag: Price-earnings ratio

Compute the following profitability measures for 2020 and 2021. Round measures (a), (b), (c), and (d) to one decimal place. Round all others to two decimal places. Asset turnover Return on total assets Return on stockholders’ equity Return on common stockholders’ equity Earnings per share on common stock Price-earnings ratio Dividends per share Dividend yield

Assignment Question Assume that total assets, total stockholders’ equity, and total common stockholders’ equity at the beginning of 2020 are $23,717 million, $9,040 million, and $9,040 million, respectively. Nike’s dividends on preferred stock were $30,000 ($0.03 million) in 2020 and 2021. The market price of Nike’s stock at the end