Chat with us, powered by LiveChat Ratio analysisDuring 2006, Chawla Corporation repo - Writemia

Ratio analysisDuring 2006, Chawla Corporation repo

Ratio analysisDuring 2006, Chawla Corporation reported net income after taxes of $960,000. During the year, the number of shares of stock outstanding remained constant at 20,000 shares of $100 par 8 percent preferred stock and 200,000 shares of common stock. The company’s total equities at December 31, 2006, were $3,500,000, which included $640,000 of liabilities. The common stock was selling for $40 per share at the end of the year. All dividends for the year were declared and paid, including $3.60 per share to common stockholders.RequiredCompute the following.a. Earnings per shareb. Book value per sharec. Price-earnings ratiod. Dividend yield

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