Crabtree, Inc. had additions to retained earnings for the year just ended of $625,000. The firm paid
Question:
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 currently has 570,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is the book value per share? If the stock currently sells for $29 per share, what is the market-to-book ratio? The price earnings ratio? If total sales were $10.5 million, what is the price-sales ratio?
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
Computation of the Followings Given information Net income added to Retained earnings 755000 Cash di...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
Students also viewed these Finance questions
-
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...
-
Bach Corp. had additions to retained earnings for the year just ended of $430,000. The firm paid out $175,000 in cash dividends, and it has ending total equity of $5.3 million. If the company...
-
Find the median and the mode for the following data: 65, 66, 66, 70, 71, 72, 72, 72, 78, 83, 85, 86, 87, 87, 88, 88, 92, 93, 95, 95, 99, 100, 102, 102, 102, 102, 102, 103, 104, 108, 111, 113, 118,...
-
Multiple Choice Questions 1. Which is the best way to measure the fair value per share of a subsidiary's noncontrolling interest? a. The per share market value of the subsidiary's stock, in an active...
-
Can you send me first the correct letter of the answer its my priority, then the solution later. Thank you! I'd really appreciate that. If the partnership agreements states that profit and losses are...
-
BEP, ROE, AND ROIC Duval Manufacturing recently reported the following information: Net income $ 600,000 ROA 8% Interest expense $ 225,000 Accounts payable and accruals $1,000,000 Duvals tax rate is...
-
The Excel file Salary Data provides information on current salary, beginning salary, previous experience (in months) when hired, and total years of education for a sample of 100 employees in a firm....
-
If Jesse invested $10,000 in a stock paying annual qualifying dividends equal to 3% of his investment, what would the value of his investment be 5 years from now? Assume Jesse's marginal ordinary tax...
-
The Davis Lamp Company (DLC) is a wholesale company that purchases lamps from the manufacturer and resells them to retail stores. The company has three inventory items: desk lamps, table lamps, and...
-
Suppose that ROSS is considering a $10M Series A investment in MIC. ROSS proposes to structure the investment as 3M shares of convertible preferred stock (CP). The employees of ROSS have claims on...
-
Calculating the Average Collection Period. Pujols Lumber Yard has a current accounts receivable balance of $438,516. Credit sales for the year just ended were $6,257,380. What is the receivables...
-
What do economists mean by scarcity? Can you think of anything that is not scarce according to the economic definition?
-
Carrie enjoyed observing wildlife in natural habitats. She wanted to be able to hide at a distance but observe wildlife close up in a variety of circumstances. She visited five different shops and...
-
The operating budget for a certain company shows a net income of $350,000. To achieve this, the company is targeting sales of $637,000, variable costs of $280,280, and fixed costs of $6,720. Compute...
-
What is the output? for (i=0; i
-
a) For silicon, if EG decreases by 0.078 eV, by what fraction does n; increase (assume T is constant at 300K)? b) If the temperature rises from 300K to 600K, by what additional fraction does n;...
-
LOTR (1p) Frodo and Sam need to get to Mordor to destroy the One Ring, but they don't know the exact way. They met a creature called Gollum who claims to know the best way to Mordor. Gollum is...
-
Preferred and Common Share Dividends CORNERSTONE 10.5 Barstow Corporation has a single class of common shares and a single class of cumulative preferred shares. The cumulative preferred shares...
-
Read Case Study Google: Dont Be Evil Unless and answer the following: Why do you think Google was adamant about not wanting to supply information requested by the government concerning the Child...
-
Assume that Sacyr Vallehermoso had a bond issue and a credit rating from Moodys and S&P. However, Moodys have given a rating of Aaa and S&P have given a rating of BBB. What does this mean and why do...
-
Distinguish between the following interest rates for bonds payable: (a) Yield rate (b) Nominal rate (c) Stated rate (d) Market rate (e) Effective rate
-
Distinguish between the following values relative to bonds payable: (a) Maturity value (b) Face value (c) Market value (d) Par value
-
Under what conditions of bond issuance does a discount on bonds payable arise? Under what conditions of bond issuance does a premium on bonds payable arise?
-
question 6 Timely Inc. produces luxury bags. The budgeted sales and production for the next three months are as follows july. august september Sales, in units 1,115. 1229. 1302 Production. in units...
-
On May 12 Zimmer Corporation placed in service equipment (seven-year property) with a basis of $220,000. This was Zimmer's only asset acquired during the year. Calculate the maximum depreciation...
-
Power Manufacturing has equipment that it purchased 7 years ago for $2,550,000. The equipment was used for a project that was intended to last for 9 years and was being depreciated over the life of...
Study smarter with the SolutionInn App