Tell Me About International Business Machines Corporation (IBM)
Go to Yahoo Finance (yahoofinance.com) or Bloomberg (Bloomberg.com) or a similar website and answer the following questions:
What is the current market closing price? Be sure to tell me the day and time you checked (e.g., market close on April 10).
At that price, what is the current market capitalization of IBM? How is market cap calculated?
Is market cap a component of any formula that we learned recently (last three chapters, 9, 11, or 12), and if so, which formula and which component?
What is the Beta of IBM? Is that a high or a low Beta?
What is the current dividend of IBM? Warning: The amounts and percentages that you may find probably are annual, not quarterly. You may find the dividend yield percentage stated for you. How do you think that percentage is calculated (what versus what)?
If earnings per share are stated, what do you think the current total earnings are, and how did you calculate them? If $X are current net income, but only $X - $Y are made available to shareholders as dividends, where does $Y go?
Does IBM report any currently outstanding bonds or notes? If so how much? Do you know the credit rating of such obligations?
Can you give me IBM's DuPont Identity ratios? Tell me the date of the numbers that you are using.
Return on Equity
Profit Margin
Total Asset Turnover
Equity Multiplier.