Rossdale, Inc., had additions to retained earnings for the year just ended of $534,000. The firm paid
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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 currently has 365,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? If the stock currently sells for $49 per share, what is the market-to-book ratio? The price-earnings ratio? If total sales were $15.4 million, what is the price-sales ratio?
Common StockCommon 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...
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1259277214
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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