Business, 15.07.2020 01:01 Tatimary24174
Analyze Deere & Company
Deere & Company (DE) manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing
operations, Deere's credit division loans money to customers to finance the purchase of their farm and construction equipment.
The following information is available for three recent years (in millions except per-share amounts):
Year 3 Year 2 Year 1
Net income (loss)
$1,523.9 $1,940.0 $3,161.7
Preferred dividends
$ 0.00 $ 0.00 $ 0.00
Interest expense
$763.7 $ 680.0 $ 664.0
Shares outstanding for computing earnings per share 315 334 363
Cash dividend per share
$ 2.40 $ 2.40 $ 2.22
Average total assets
$57,965 $ 59,642 $ 60,429
Average stockholders' equity
$ 6,644 $7,912 $ 9,667
Average stock price per share
$ 92.03 $ 81.10 $ 85.58
1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place, except for per-share amounts. Round per-share
amounts to two decimal places.):
Year 3
Year 2
Year 1
a. Return on total assets
%
b. Return on stockholders' equity
%
<
9
%
96
C. Earnings per share
s
$
$
d. Dividend yield
90
%
%
e. Price-eamings ratio
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Analyze Deere & Company
Deere & Company (DE) manufactures and distributes farm and construc...
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