Khaki Republic sells clothing and accessories through premium outlet locations a

Question

Khaki Republic sells clothing and accessories through premium outlet locations and online. Selected financial data for Khaki Republic is provided as follows: (S in millions) Sales Net income Stockholders equity, beginning Stockholders' equity, ending Average shares outstanding in millions) Dividends per share Stock price, ending S 4340 S 280 S 1 710 S 2,290 100 S 090 S 50 35 Required: Calculate the following ratios for Khaki Republic. (Enter your net income and average stockholders equity answers in millions {i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.) KHAKI REPUBLIC ($ in millions) Return on Equity Average stockholders equityReturn on equity Net income Dividend Yield Dividends per share Stock pnce Dividend yield 0.90 S 50 35: 18% Price-Earnings Ratio Earnings per share Stock pnice Price-Earnings Ratio 50.35

Explanation / Answer

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Return on Equity Net Income $280 Average Stockholders Equity $2,000 Return on Equity 14 Fromula to caluclate Average Shareholders' Equity Return on Equity=Net Income/Average shareholders equity*100 Caluclation for Average shareholder Equity as follows Beginning balance of Shareholders' Equity $1,710 Ending balance of Shareholders' Equity $2,290 Average Shareholders' Equity $2,000 Dividend Yield Ratio Formula Dividend Yield Ratio=Dividend Per share/Market Value Per share Dividend per share $0.90 Market Value Per share $50.35 Dividend Yield Ratio 1.79% Earnigs Per share Formula (Net Income - Preferred Dividends) / Weighted Average Number of Common Shares Outstanding Net Income $280 Average number of Common shares outstanding $100 Earnings Per Share $2.80 Price Earning Ratio Formula Price per share / Annual earnings per share Price per share $50.35 Annual earnings per share $2.80 Price Earning Ratio 17.98

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