Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

TAP End-of-Chapter Problems Chapter 11 Assume that the Tollowing quote Tor the W

ID: 1170635 • Letter: T

Question

TAP End-of-Chapter Problems Chapter 11 Assume that the Tollowing quote Tor the Wat Disney Company, a NYSE sok,apared on May 1,2015(riday) on Yahool Fnance Taeyahoa.cmISG The Walt Disney Company (DS) NYSE 110.52 1.80(1.66%) 4:01PM EDT Prev Close 08.72Day's Range: 109.79 52wk Range: 09 27 110.67 Bid: 110.1x400 Volume 120.95x500 Ag ol (3m) 6,205,116 ly Terget Est 110.23 PVE(tom) S-May-15 EPS m) 24.57 LtSso 1.15(1.10%) Next Earnings Date: Given this information, answer the following questions a At what price did the stock sell at the time of the quoe b. What is the stock's price/earnings atio? aound your What does This means thet investors are wiling to pay more than $ 1 -.for every ?? ofeen?gs per snare e at the company generated last year.. c. What is she last price at which the stock traded on the prior trading day d. wehat's the stock's dividend yei e. What are the highest and lowest prices at which the stock traded during the latest 52-week period? Hghest prce Lowest price . How lange is the markst capitalization of the company? 3 5 6 8

Explanation / Answer

1-

stock is trading at

110.52

2-

PE ratio

24.57

more than 24.57 for every $1 of earning per share that company earned last year

3-

last price at previous day

108.72

4-

dividend yield

1.10%

5-

highest price

110.67

lowest price

109.27

6-

market capitalization

187848

1-

stock is trading at

110.52

2-

PE ratio

24.57

more than 24.57 for every $1 of earning per share that company earned last year

3-

last price at previous day

108.72

4-

dividend yield

1.10%

5-

highest price

110.67

lowest price

109.27

6-

market capitalization

187848