"Homework Quiz—9 02-19

"Homework Quiz—9 02-19

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Homework Quiz—9 Name Section Recall that: Cash + ∆ Other Assets = L + PIC + BRE + R – X + G – L – D 1. What was 2007 Net Income? 2. What was the dollar amount of 2007 Dividends? 3. (2 points) What was 2007 Treasury Stock purchases in shares ? In dollars ? 4. What was the average cost of 2007 Treasury Stock purchases? 5. What was Book Value per share at 12/31/07? 6. (3 points) What was ROE for 2007? 7. (3 points) What was 2007 Dividend Payout Ratio? 8. What was the average price of all issued shares sold at 12/31/07? 9. What was dividends per share (calculated from data)? 10. What was the 12/31/07 average cost of all treasury stock purchased?
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Homework Quiz 9 Solution 1. What was 2007 Net Income? $2,395,100,000 2. What was the dollar amount of 2007 Dividends? $1,765,600,000 3. What was 2007 Treasury Stock purchases in shares? In dollars?
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Unformatted text preview: Shares: 77,100,600 Dollars: $3,948,800,000 4. What was the average cost of 2007 Treasury Stock purchases? $3,948,800,000/77,100,000 = $51.22 5. What was Book Value per share at 12/31/07? $15,279,800,000/(1,660,600,000 495,300,000) = $13.11 6. What was ROE for 2007? $2,395,100,000/[(15,458,300,000+15,279,800,000)/2] = 15.56% 7. What was 2007 Dividend Payout Ratio? $1,765,600,000/2,395,100,000 = 73.72% 8. What was the average price of all issued shares sold as of 12/31/07? ($16,600,000 + $4,226,700,000)/1,660,600,000 = $2.55 9. What was dividends per share (calculated from data)? $1,765,600,000/(1,660,600,000 495,300,000) = $1.52 10. What was the 12/31/07 average cost of all treasury stock purchased? $16,762,400,000/495,300,000 = $33,84...
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This note was uploaded on 04/09/2011 for the course MGMT 351 taught by Professor Staff during the Winter '08 term at Purdue University-West Lafayette.

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"Homework Quiz—9 02-19

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