Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. value: 1.65 points Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid out $180,000 in cash

image text in transcribed

5. value: 1.65 points Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid out $180,000 in cash dividends, and it has ending total equity of $4.85 million. The company currently has 150,000 shares of common stock outstanding. What are earnings per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Earnings 3.1 per share What are dividends per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Dividends $ per share What is the book value per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Book value $ per share If the stock currently sells for $79 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Market-to-book ratio times What is the price-earnings ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16.) Price-earnings ratio times If the company had sales of $5.19 million, what is the price-sales ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Price-sales ratio 93 times Hints References eBook & Resources Hint #1 Check my work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting IFRS Principles

Authors: Ilse Lubbe, Goolam Modack, Shelly Herbert

5th Edition

0190746920, 978-0190746926

More Books

Students also viewed these Accounting questions

Question

How does teacher immediacy affect learning?

Answered: 1 week ago