Calculating Market Value Ratios Baryca Corp. had additions to retained earnings for the year just ended of
Question:
Calculating Market Value Ratios Baryca Corp. had additions to retained earnings for the year just ended of $350,000. The firm paid out $160,000 in cash dividends, and it has ending total equity of $4.1 million. If the company currently has 210,000 shares of common stock- outstanding, what are earnings per share? Dividends per share book value per share if the stock currently sells for $58 per share, what is the market-to-book ratio the price—earnings ratio? If the company had sales of $3.9 million, what is the price—sales ratio?
Step by Step Answer:
Net income Earnings per share Dividends per share Book value per share TE Shares Markettobook ...View the full answer
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Related Video
Stocks (also known as equities) are securities that represent ownership in a company. They are issued by companies to raise capital, and when an individual buys stocks, they become a shareholder in that company. Investing in stocks can be a way for individuals to potentially earn a return on their investment through dividends and capital appreciation. However, investing in stocks also carries a level of risk, as the value of the stock can fluctuate based on various factors such as the financial performance of the company and general market conditions. For companies, issuing stocks can be a way to raise funds for growth and expansion. When a company goes public by issuing an initial public offering (IPO), it can raise significant capital by selling ownership stakes to the public. Companies can also issue additional stock offerings to raise additional capital as needed.
Students also viewed these Corporate Finance questions
-
Crabtree, Inc. had additions to retained earnings for the year just ended of $625,000. The firm paid out $130,000 in cash dividends, and it has ending total equity of $7.2 million. If the company...
-
Rossdale, Inc., had additions to retained earnings for the year just ended of $534,000. The firm paid out $185,000 in cash dividends, and it has ending total equity of $7.45 million. If the company...
-
Makers Corp. had additions to retained earnings for the year just ended of $395,000. The firm paid out $195,000 in cash dividends, and it has ending total equity of $5.3 million. If the company...
-
Majan International School, Muscat conducts online classes and online exams for its students due to Covid 19 pandemic situation. It uses its own online Learning Teaching Management system namely...
-
(a) How much gravitational potential energy must a 3130-kg satellite acquire in order to attain a geosynchronous orbit? (b) How much kinetic energy must it gain? Note that because of the rotation of...
-
Use the extended Euclidean algorithm to express gcd(144, 89) as a linear combination of 144 and 89. The extended Euclidean algorithm can be used to express gcd(a, b) as a linear combination with...
-
What is meant by the SE Process Models recursive characteristic?
-
From the accounts receivable ledger shown, prepare a schedule of accounts receivable for Pheng Co. as of August 31,20--. ACCOUNTS RECEIVABLE LEDGER B&G Distributors NANI 2628 Burlington Avenue,...
-
ABC, Inc. uses a periodic inventory system and reported $300,000 of inventory as of December 31, 2014. Upon reviewing the company's records, the auditor noted the following items which may have been...
-
Problem 3 addressed the cross-sectional variation in the number of financial analysts who follow a company. In that problem, company size and debt-to-equity ratios were the independent variables. You...
-
Calculating Leverage Ratios Star Lakes, Inc., has a total debt ratio of .29. What is its debt-equity ratio? What is its equity multiplier?
-
Du Pont Identity If Roten Rooters, Inc., has an equity multiplier of 1.35, total asset turn-over of 1.30, and a profit margin of 8.5 percent, what is its ROE?
-
Determine the P-value of the hypothesis test performed in Problem 9. Data from Problem 9 The median salary of a teacher in Illinois is $57,283 according to TeacherSalaryInfo.com. The state of...
-
Stokan Products, Inc., has a Antennae Division that manufactures and sells a number of products, including a standard antennae that could be used by another division in the company, the Aircraft...
-
Anderson Systems is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected. WACC:...
-
Calculate the amount of excess reserves and the monetary base and then use the table to answer the questions that follow. Category Value (Billions of Dollars) Currency, C 450.00 Deposits, D 400.00...
-
The Wholesome Buffet offers an all-you-can-eat buffet meal for $25 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed costs for the...
-
One bond has a coupon rate of 9%, another a coupon rate of 16%. Both bonds pay coupons semiannually, have 12-year maturities, and sell at a yield to maturity of 12%. If their yields to maturity next...
-
A parallel-plate capacitor is formed from two \(4.0 \mathrm{~cm} \times\) \(4.0 \mathrm{~cm}\) electrodes spaced \(2.0 \mathrm{~mm}\) apart. The electric field strength inside the capacitor is \(1.0...
-
Currently, there are five concepts of food stands, including: hot dogs, soft pretzels, turkey legs, sandwich wraps, and funnel cakes. This approach will double the existing number of food stands...
-
If a vehicle is traveling 92 m/s, what is its velocity in miles per hour? (0.62 miles = 1.00 km)
-
Cash Flow Intuition A project has an initial cost of 1, has required return of R, and pays C annually for N years. a. Find C in terms of l and N such that the project has a payback period just equal...
-
Opportunity Cost In the context of capital budgeting, what is an opportunity cost?
-
Opportunity Cost In the context of capital budgeting, what is an opportunity cost?
-
Wimble Ltd had $400 million of debt outstanding at an interest rate of 9% and $600 million of equity (market value) outstanding. Wimble is subject to a 30% corporate tax rate. What is the amount of...
-
explain and comments thies pints Has existed for a long time One of the original fast-food establishments High standing Commonly recognized for its root beer. With high-quality cuisine Markets to...
-
12 Stiler XYZ currently has an enterprise value of $600 million, 20 million shares outstanding, $200 million in excess cash and no debt. Assuming XYZ uses its excess cash to repurchase shares, and...
Study smarter with the SolutionInn App