21,22

10 QUESTION 21 (In this question, do not round intermediate calculations, show the growth rate in percent, and round all your answers to 2 decimal places, e.g., 32.16.) Metallica Bearings Inc., has sales of $595,000, costs of $263,000, depreciation expense of $66,000, interest expense of $33,000, and a tax rate of 30 percent. The firm paid out $41,000 in cash dividends to its shareholders who own 50,000 shares of common stock outstanding. The book value of the common stock is $649,000. a. What is the earnings per share figure? Earnings per shares b. The average P/E ratio of the industry is 8. The net income of the firm is predicted to grow at a rate of 3.6% in the next two years. Using price ratio analysis, estimate the price per share of the company's common stock in two years? Price per share in two years c. What is the sustainable growth rate of the firm? Sustainable growth rate QUESTION 22 10 (Do not round intermediate calculations and round your answer to 2 decimal places, 0.9., 32.16.) Fincher, Inc., has a total debt ratio of 48. What is its debt equity ratio? (Express this answer as times.) Debl-equity ratio: times What is its equity multiplier? (Express this answer as times.) Equity multiplier: times