I need assistance with the following problem - Please include step by step calculations Suppose there are two states of nature in the future.
COMPARATIVE ANALYSIS A1 A2 A3 A4
BTN 11-2 Key comparative figures for Apple and Google follow.
Key Figures
Net income (in millions)
$ 41,733 - Apple
$ 10,737 - Google
Cash dividends declared per common share
$ 2.65 - Apple
Common shares outstanding (in millions)
$939,208 - Apple
$329,979 - Google
Weighted-average common shares outstanding (in millions)
$934,818 - Apple
$327,213 - Google
Market value (price) per share
$$ 655.88 - Apple
$ 707.38 - Google
Equity applicable to common shares (in millions)
$118,210 - Apple
$ 71,715 - Google
Required
1 Compute the book value per common share for each company using these data.
2 Compute the basic EPS for each company using these data.
3 Compute the dividend yield for each company using these data. Does the dividend yield of either of the companies characterize it as an income or growth stock? Explain.
4 Compute, compare, and interpret the price-earnings ratio for each company using these data.