Meadville Co. had additions to retained earnings for the year just ended of ($150,000.) The firm paid

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Meadville Co. had additions to retained earnings for the year just ended of \($150,000.\) The firm paid out \($100,000\) in cash dividends, and it has ending total equity of \($5\) million. If Meadville currently has 100,000 shares of common stock outstanding, what are earnings per share? Dividends per share? Book value per share? If the stock currently sells for \($70\) per share, what is the market-to-book ratio? The price-earnings ratio?

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Fundamentals Of Corporate Finance

ISBN: 9780072313000

5th Edition

Authors: Stephen A Ross, Randolph W Westerfield

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