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300,000 shares outstanding Julie, Inc., has a total debt ratio of 0.20. In addition, the company had additions to retained earnings for the year just
300,000 shares outstanding
Julie, Inc., has a total debt ratio of 0.20. In addition, the company had additions to retained earnings for the year just ended of $400,000, the firm paid out $250,000 in cash dividends, and it has ending total equity of $4 million. 2.4 a. (2 points) What are the dividends per share? b. (2 points) What is book value per share? c. (3 points) If the stock currently sells for $25 per share, what is the market-to-book ratio? d. (3 points) What is the price-earnings ratioStep by Step Solution
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