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Can you confirm my answers please? 16. The year-end 2018 balance sheet for Brad's Copy, Inc. lists common stock (S1.25 par value) at $7,626,000 capital
Can you confirm my answers please?
16. The year-end 2018 balance sheet for Brad's Copy, Inc. lists common stock (S1.25 par value) at $7,626,000 capital surplus at $86,543,126 and retained earnings at $218,546,280. On the 2017 year-end balance sheet, retained earnings are listed as $214,368,950. The firm's net income in 2018 was S12,659,120. No stock was issued or repurchased in 2018. What were dividends per share paid by the firm in 2018? 1.39 17. The Lunder Company has total assets of $21,542,600, current liabilities of $2,547,000, and long-term 31.31 18. Referring back to the previous question, if Lunder's net income equals $1,055,700 and Lunder has a P/E 35.67 liabilities of $7,410,000. The firm has 370,000 shares of common stock outstanding. Compute the firm's book value per share. ratio of 12.5 (note that P/E ratio stock price per share divided by earnings per share), what is the current price of the stockStep by Step Solution
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