Bolton Corporation had additions to retained earnings for the year just ended of $298,000. The firm paid out $178,000 in cash dividends, and it has ending total equity of $4.83 million. The company currently has 140,000 shares of common stock outstanding. a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. If the stock currently sells for $70 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) e. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) f. If the company had sales of $4.27 million, what is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is not complete. $ 3.40 $ 1.27 $ 34.50 a. Earnings per share b. Dividends per share c. Book value per share d. Market-to-book ratio e. Price-earnings ratio f. Price-sales ratio times times times 2020 2021 Some recent financial statements for Smolira Golf Corporation follow. SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners' Equity Current assets Current liabilities Cash $ 24,086 $ 24,500 Accounts payable Accounts receivable 12,848 15,600 Notes payable Inventory 26,042 27,500 Other Total $ 62,976 $ 67,600 Total $ 23,584 $ 27,500 15,000 11,200 11,971 18,300 $ 50,555 $ 57,000 Long-term debt $ 60,000 $ 61,565 Owners' equity Common stock and paid-in surplus $ 44,000 $ 44,000 Accumulated retained earnings 237,116 267,435 Fixed assets Net plant and equipment $ 328,695 Total $ 281,116 $ 311,435 362,400 $ 391,671 Total liabilities and owners' equity $ 391,671 Total assets 430,000 430,000 SMOLIRA GOLF CORPORATION 2021 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid $ 373,473 254,500 32.800 $ 86,173 14,700 Taxable income Taxes (24%) $ 71,473 17154 Net Income $ 54,319 Dividends Retained earnings $ 24,000 30,319 Construct the DuPont identity for Smolira Golf Corporation. 14.54 percent The company's profit margin is The total asset turnover is The equity multiplier is Using the DuPont identity, the company's ROE is times 1.39 times (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2 decimal places, e... 32.16.) (Round your answer to 2 decimal places, e.g., 32.16.) (Round your answer to 2 decimal places, e.g., 32.16.) (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) percent
