- Does a decrease in the times interest earned ratio generally signal good news or bad news about a company? Explain.
- A company has assets totalling $128,625, liabilities totalling $67,980, and net income for the period totalling $74,000. Calculate the return on assets.
- Ovit, Inc., has preferred stock with a price of $20 and a dividend of $1.50 per year. What is its dividend yield?
- Does a decrease in the times interest earned ratio generally signal good news or bad news about a company? Explain.
- Hawi Inc. has net income of $200,000, average shares of common stock outstanding of 40,000, and preferred dividends for the period of $20,000.
What is Hawi’s earnings per share of common stock?
Sid Brey, the president of Hawi, believes that the computed EPS of the company is high. Comment.
