Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

a. :) Motor Corp. had additions to retained earnings for the year just ended of $248,000. The firm paid out $187,000 in cash dividends, and

image text in transcribed
a. :) Motor 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. What are the earnings per share? b. What are the dividends per share? What is the book value per shan? d. If the stock currently sells for $80 per share, what is the market-to-book ratio? What is the price-earnings ratio? f. If the company had sales of $4.74 million, what is the price-sales ratio? C. e

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions