Question
4. a) Ford Corp. had additions to retained earnings for the year just ended of $248,000. The firm paid out $187,000 in cash dividends, and
4. a) Ford Corp. had additions to retained earnings for the year just ended of $248,000. The firm paid out $187,000 in cash dividends, and it has ending total equity of $5.42 million. The company currently has 150,000 shares of common stock outstanding. a. What are the earnings per share? b. What are the dividends per share? c. What is the book value per share? d. If the stock currently sells for $80 per share, what is the market-to-book ratio? e. What is the priceearnings ratio? f. If the company had sales of $4.74 million, what is the pricesales ratio? b) In 2019, the automobile industry announced the average vehicle selling price was $34,958. Five years earlier, the average price was $27,641. What was the annual percentage increase in vehicle selling price?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started